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Trump's Crypto Strategic Reserve includes XRP, ADA and SOL because they are all "American projects"
2025-03-04 04:33:21

Odaily News Although the crypto community has questioned Trump's inclusion of XRP, ADA, and SOL in the U.S. crypto reserves, analysts believe that Trump chose these tokens because the related projects are all from the United States. The New York Times previously disclosed that Trump has stated that he will establish an "America First" cryptocurrency strategic reserve.
Danny Scott, CEO of CoinCorner, analyzed: "Can you imagine Russia buying XRP, which is fully controlled by the American company Ripple, as a strategic reserve? If the United States imposes sanctions, access to XRP can be completely frozen. No country is willing to hold something that can be completely controlled by a single entity, especially a foreign entity. It is a completely new thought process for people. In contrast, Bitcoin is decentralized and no company, country, entity or individual controls it, so it is more reasonable for countries to establish strategic reserves of Bitcoin." (TheBlock)