Key Takeaways
- Donald Trump has proposed a US Crypto Reserve to strengthen the digital asset sector.
- XRP, SOL, and ADA are highlighted by Trump as key assets for the proposed reserve.
Share this article
President Donald Trump proposed establishing a US Crypto Reserve and directed the Presidential Working Group to include XRP, SOL, and ADA digital assets in an effort to position the US as a global crypto hub.
The initiative comes as a response to what Trump characterized as attacks on the crypto industry by the Biden Administration. The proposed reserve would aim to strengthen the digital asset sector in the United States.
The plan specifically highlights the inclusion of three prominent crypto assets: Ripple’s XRP, Solana’s SOL, and Cardano’s ADA as key components of the proposed reserve structure.
In January, President Trump reportedly planned to prioritize crypto as a national policy, focusing on creating a strategic reserve with US-based coins and proposing a more crypto-friendly SEC Chair.
Share this article
