Official announcements from the White House or financial regulatory bodies

Trump Considers US-Founded Crypto Reserve, Including SOL, USDC, XRP

Jan 16, 2025, 11:29 AM

President-elect Donald Trump is reportedly open to the idea of establishing a strategic reserve of cryptocurrencies that are founded in the United States. According to the New York Post, Trump is considering prioritizing coins like Solana (SOL), USD Coin (USDC), and Ripple (XRP) for this reserve. This move could potentially be part of a broader set of executive orders aimed at supporting the cryptocurrency industry, which might also include ending the 'de-banking' policy and appointing 'pro-crypto' officials to key positions.