After long weeks of waiting, US President Donald Trump has finally decided to give the crypto industry what it wants the most; a strategic crypto reserve.
The strategic crypto reserve will include the community’s favorite tokens, unlike his first attempt with a ‘Digital Asset Reserve’ that made vague references to everything but stablecoins.
In a post on Truth Social today, Trump said: “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. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Solana, ADA, and XRP have all already reacted with 15%, 30%, and 20% increases, per data from CoinGecko.
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Source: https://www.cryptopolitan.com/trump-crypto-strategic-reserve-xrp-sol-ada/