Trump Selects XRP, Solana, and Cardano for U.S. Crypto Reserve
U.S. President Donald Trump announced plans for a strategic crypto reserve that includes XRP, SOL, and ADA. The announcement was made via his Truth Social platform.
- Bitcoin and Ethereum are not included in this reserve.
- The executive order signed in January directed a working group to evaluate the creation of a crypto reserve.
- Trump aims to position the U.S. as the "Crypto Capital of the World."
- Sen. Cynthia Lummis has proposed creating a strategic bitcoin reserve.
- Various U.S. state legislatures have introduced bills for their own crypto reserves, but progress has stalled.