USA : Trump Considers Creating a Crypto Reserve with SOL and XRP
Donald Trump clearly has ambitious plans for cryptocurrency in the United States, with reports suggesting he is considering including Solana, Ripple, and USDC in a potential "American Cryptocurrency Reserve." Stay tuned for more updates on this groundbreaking development.
Written by Léa - Last updated on 01/16/2025 at 16:13 by Léa
Trump Includes XRP and SOL in his American Cryptocurrency Reserve Project
According to the New York Post, Donald Trump is considering incorporating several cryptocurrencies, including Solana (SOL), USD Coin (USDC), and Ripple (XRP), into an ambitious “American Cryptocurrency Reserve.” This initiative aligns with the former president’s goal of making the United States the global hub for the crypto sector.
Rumors surrounding this Cryptocurrency Reserve are already impacting the markets, with:
A 4.3% increase for Solana (SOL)
A 2.5% rise for Ripple (XRP)
These figures indicate the catalytic effect such a measure could have. However, some experts question the role of Bitcoin in this project, fearing that the emphasis on other cryptocurrencies may diminish its legitimacy.
Trump’s “Crypto Nation Plan”
This controversial initiative is part of Donald Trump’s overall strategy for the crypto industry. In addition to regulatory reforms aimed at clarifying investment and exchange frameworks, the former president is also considering establishing a strategic Bitcoin reserve backed by assets confiscated by federal authorities.
According to JPMorgan, these measures could mark a “new era” for digital assets. More concrete announcements could be made at the inauguration ceremony scheduled for January 20, potentially through executive orders.
The creation of an “American Cryptocurrency Reserve” led by Donald Trump has sparked both enthusiasm and skepticism. Supporters applaud the desire to propel the United States to the forefront of the global crypto innovation race, while skeptics fear excessive state intervention, incompatible with the decentralized principles foundational to crypto.
A New Era for Crypto or Just Another Hype?
The potential establishment of a national cryptocurrency reserve would mark a historic turning point. Beyond short-term speculative effects, the actual implications for the market remain uncertain. The success of this project will largely depend on the administration’s ability to balance state ambitions with the decentralized ideals of crypto.
Regardless, the coming years promise to be particularly dynamic for the entire sector. A new era seems to be unfolding, amidst possible reforms and technological advancements, offering a mix of challenges and opportunities.
⚠️ This article is published for informational purposes and should not be considered as investment advice. Crypto-currency trading involves risk and it is important not to invest more than you can afford to lose.
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Léa is part of the InvestX team which supports members in their training. She is also a crypto enthusiast who follows the market closely. For the InvestX.fr site, she writes articles to help readers decipher the news and what happens day after day in the world of blockchains.
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