Cryptocurrencies in Trump's Strategy: XRP, Solana, and USDC May Become Part of Reserves

user avatar

by Giorgi Kostiuk

2 years ago

Donald Trump considers including cryptocurrencies in the US strategic reserves, potentially leading to significant changes in the crypto industry.

Strategic Reserve Plan

Trump's team is discussing the creation of a strategic reserve that includes cryptocurrencies like XRP, Solana, and USDC. The program aims to support U.S.-based digital assets. Trump has already met with Ripple CEO Brad Garlinghouse and other crypto industry leaders to discuss these ideas.

Impact on the Industry

Some in the crypto community are concerned that focusing on alternative coins could shift attention away from Bitcoin. However, many see Trump's plans as a potential start of a 'crypto golden age' due to expected pro-crypto executive orders and regulatory changes.

The entire market is relieved... we have a seismic shift in the approach and tone of the government and regulatory agencies. What this means practically is, banks will be able to touch crypto — for the last four years they’ve been told they can’t.Frank Chaparro

Future Changes and Events

Trump is expected to repeal the controversial SAB 121 accounting rule on his first day in office, allowing U.S. banks to collaborate more closely with crypto companies. There is also the potential settlement of the Ripple lawsuit, paving the way for a spot XRP ETF. The first-ever Crypto Ball event will be held in Washington, D.C., celebrating these anticipated changes.

Donald Trump's plans could significantly impact the cryptocurrency market, opening new opportunities for both traditional financial institutions and crypto companies. The new regulations are expected to positively affect the industry.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Zoomex Launches World Trading Championship 2026 with Record Prize Pool

chest

Zoomex announces the launch of the World Trading Championship 2026 with a record prize pool of 5,000,000 USDT, featuring an expanded multi-asset competition format.

user avatarEmily Carter

Meta Platforms' Shares Surge Following AI Assistant Launch

chest

Meta Platforms' shares rose over 6% after the launch of its AI assistant, Muse, which helps users manage tasks and goals.

user avatarTomas Novak

Galaxy Announces $5 Million Funding for Bitcoin Quantum Security Research

chest

Galaxy announced up to $5 million in funding for Bitcoin quantum-security work, including developer grants, research, and an advisory council.

user avatarMaya Lundqvist

IonQ Launches Superion 256 Quantum Computer with Orders Open for 2027 Delivery

chest

IonQ has launched its Superion 256 quantum computer, opening orders for delivery in 2027.

user avatarKaterina Papadopoulou

Prediction Markets Show Shifts in Oil Price Expectations

chest

Prediction markets are reacting to oil price fluctuations, with traders speculating on whether crude will reach $120 or fall to $55 first.

user avatarAisha Farooq

Record Diesel Prices Hit Ahead of Midterm Elections

chest

Record diesel prices reached a high of 594 a gallon, raising concerns about consumer affordability ahead of the midterm elections.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.