Trump reportedly ‘receptive’ to strategic reserve with US-based cryptos
Donald Trump is considering establishing a strategic reserve focused on US-based cryptocurrencies, potentially prioritizing USD Coin (USDC), Solana (SOL), and XRP (XRP) over Bitcoin (BTC). Reports indicate Trump is receptive to this idea following a dinner with Ripple executives. The concept of a national Bitcoin reserve was previously proposed by Trump, who pledged not to sell US government Bitcoin holdings and supported the Bitcoin Act, which aimed to acquire 200,000 BTC annually. The crypto community has reacted negatively to the rumors, with critics expressing disappointment and concerns about the volatility of altcoins compared to Bitcoin. Concerns include potential financial losses and mislabeling public blockchains as US-based assets.
