Trump says he’s considering these 5 cryptocurrencies for new U.S. “strategic reserve”
President Trump on Sunday named five cryptocurrencies under consideration for a new U.S. “strategic reserve,” sending their values skyrocketing and partly reversing a recent slump.
In a post on Truth Social, Mr. Trump said the President’s Working Group on Digital Asset Markets, a group he set up through an executive order shortly after taking office, is moving forward with the crypto reserve, which will include Bitcoin, Ethereum and three smaller cryptocurrencies: XRP, Solana, and Cardano.
“I will make sure the U.S. is the Crypto Capital of the World,” Mr. Trump wrote.
David Sacks, a venture capitalist and the president’s appointed White House AI and Crypto Czar, said on X Sunday that more details will be revealed at the White House…
