Donald Trump Names XRP, SOL, ADA, But not BTC as Part of U.S. Crypto Reserve
U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be contained in a strategic crypto reserve on Sunday, providing the first details about what this reserve may look like.
Not included were Bitcoin (BTC) or Ethereum (ETH), the two largest digital assets by market capitalization. Trump made the announcement on Truth Social, his social media platform.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” the post said. “I will make sure the U.S. is the Crypto Capital of…
