Official announcements from the U.S. government or credible news outlets

Trump Eyes America-First Crypto Reserve Prioritizing Solana, XRP, and USDC: NY Post

Jan 16, 2025, 01:00 PM

President-elect Donald Trump is reportedly considering the creation of an "America-first" strategic cryptocurrency reserve that would prioritize U.S.-founded digital assets such as Solana (SOL), USD Coin (USDC), and Ripple (XRP). This initiative, first reported by the New York Post, aligns with Trump's broader campaign to strengthen the U.S. digital economy and promote locally developed blockchain projects. Reports indicate that Trump has engaged with leaders from Ripple, including CEO Brad Garlinghouse, and other crypto firms to discuss this proposal. While the plan is viewed as a potential boost for American blockchain innovation, it has sparked debate within the cryptocurrency community. Critics argue that the inclusion of multiple assets might detract from Bitcoin's prominence, which was a key focus of Trump's campaign. The proposed reserve reflects Trump's commitment to an "America-first" policy, emphasizing U.S. innovation and competitiveness in the global digital economy.