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Trump Allegedly Eyes XRP, Solana, and USDC for Strategic Reserves

Trump Allegedly Eyes XRP, Solana, and USDC for Strategic Reserves

As Donald Trump prepares to take office on January 20, reports suggest his administration is considering adding U.S.-based cryptocurrencies like XRP, Solana, and USDC to a proposed national strategic reserve.

This initiative aligns with broader plans for pro-crypto policies and a potential Bitcoin reserve to solidify the U.S. as a leader in digital assets.

According to sources, Trump’s transition team is drafting executive orders that could overhaul crypto regulations, including repealing the controversial SAB 121 accounting rule, which has limited banks’ ability to engage with crypto firms. These measures would prioritize homegrown cryptocurrencies, reflecting an “America-first” approach to digital finance.

Trump has reportedly met with key industry figures, including Ripple CEO Brad Garlinghouse, to explore these ideas. While some in the crypto community welcome the diversification, others argue Bitcoin should remain the focus, positioning it as the cornerstone of a strategic reserve.


READ MORE: Tether Sues Swan Bitcoin Over Alleged Breaches in Mining Venture Dispute


Despite internal debates, the industry is optimistic about a new era for U.S. crypto policy. The expected settlement of the Ripple lawsuit could pave the way for an XRP ETF, while regulatory changes under new SEC leadership promise to encourage bank partnerships with crypto companies.

The enthusiasm surrounding Trump’s pro-crypto stance has sparked what many are calling the beginning of a “crypto golden age.” Celebrations are already underway, with events like the inaugural Crypto Ball in Washington, DC, marking the lead-up to Trump’s inauguration. As the administration takes shape, all eyes are on the potential for transformative policies to redefine the U.S. crypto landscape.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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