The US government's crypto reserves are drawing increasing attention as it remains uncertain whether cryptocurrencies like XRP, Solana, and Cardano will be included.
Trump Administration Initiative
Former President Donald Trump signed an executive order to create a Bitcoin reserve, yet the inclusion of other cryptocurrencies like XRP, Solana, and Cardano remains undefined.
Upcoming Audit of Reserves
This week, US agencies are meeting to announce their cryptocurrency reserves. Bitcoin Magazine CEO David Bailey has indicated that the audit will conclude by April 5, 2025, offering significant insights into the reserves and potential inclusion of cryptocurrencies like XRP, SOL, and ADA.
Criticism and Uncertainty
Bitcoin enthusiasts criticize the idea of including other cryptocurrencies in the reserves, but the upcoming audit should clarify whether XRP, SOL, and ADA will be part of the portfolio. According to Arkham Intelligence, the US government currently holds 198,012 Bitcoin worth approximately $16 billion, but the composition of altcoin assets remains unclear.
The impending audit of US reserves promises to shed light on cryptocurrencies and the possible inclusion of various altcoins, marking an important step in defining the country's future policy on digital assets.
