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Journalist
Tanzeel Akhtar
Journalist
Tanzeel Akhtar
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Why Trust Cryptonews
U.S. President Donald Trump took to Truth Social, the social media platform launched by Trump Media & Technology Group, to announce his vision for a U.S. Crypto Reserve.
Trump’s post outlines his commitment to positioning the U.S. as the global leader in digital assets, emphasizing the inclusion of XRP, Solana (SOL), and Cardano (ADA) in a newly proposed Crypto Strategic Reserve.
“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,” Trump posted. “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
In a follow-up statement, Trump added, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!”
Truth Social, Trump’s primary communication platform has become a key tool for sharing his policy perspectives. The platform, designed to offer an alternative to what Trump calls “Big Tech censorship,” has attracted a significant user base, particularly among his supporters.
Trump’s stance on cryptocurrency has evolved over the years. In recent months, he has taken a more favorable view, aligning himself with the digital asset industry. His latest statement suggests a strategic embrace of cryptocurrencies, particularly as he positions himself as a pro-business candidate in the 2024 election cycle.
By advocating for a U.S. Crypto Reserve, Trump is signaling support for digital assets as a national economic strategy. His inclusion of XRP, SOL, and ADA—alongside Bitcoin and Ethereum—suggests a broader approach to crypto adoption, potentially shaping regulatory policies that favor innovation and investment in the sector.
ETHDenver: Donald Trump Jr. Champions DeFi Revolution
Donald Trump Jr. made a guest appearance at DeFi World on Wednesday in Denver, appearing via livestream to discuss the vision and mission of World Liberty Finance.
In his address, Trump Jr. painted a picture of a financial future where decentralized finance (DeFi) and traditional finance (TradFi) converge to create a unified system that democratizes access to liquidity for all.
Read next – if you’re interested in buying Bitcoin and other cryptocurrencies, we recently reviewed Best Wallet as a top no KYC option.
