Trump encryption reserve: 5 coins, the president says it will be and what is expected after that

On March 2, President Donald Trump announced plans to form the first strategic currency reserves of the United States (SCR). Trump shared the news on his social media platform, saying that the reserve will include BitcoinEthereum, XRP, Solana’s Sol and Cardano’s Ada.

The prices of the cryptocurrency increased after the announcement. XRP 33 percent increased, while Solana Seoul gained 25 percent. ADA from Cardano has seen the most important gains, as more than 60 percent rose.

Bitcoin increased by 10 percent to 94343.82 dollars, as she wore a three -month low of $ 80,000 before the announcement. Ethereum, which fought in 2024, was 13 percent.

“The decisive American core reserves will enhance the decisive industry after years of attacks from the Biden administration,” Trump wrote, “Trump wrote in the social fact. His executive order was registered on digital assets to direct a presidential working group to create a strategic reserve, and pledged to make the United States “the capital of encryption in the world.”

However, the plan raises more questions surrounding government intervention in financial markets, organizational supervision and potential risks of federal control of digital assets.

How will you work strategic encryption reserves?

Details of how the reserve work remains mysterious. It is not clear how this step will benefit citizens or if the Congress law is required to implement the plan.

However, some see similarities with the Strategic Petroleum Reserve, which acts as a government to reduce the effects of oil supply unrest.

In addition to appointing friendly officials to encrypt after returning to the White House in January, the Trump administration has not yet launched the details of the tangible cryptocurrency policy.

In January, Trump collected a working group on digital assets. for him Executive order The group was assigned to “evaluate potential creativity and maintain the stock of national digital assets” that can use “cryptocurrencies that the federal government legally seized through law enforcement efforts.”

On Friday, March 7, Trump is scheduled to host the first encryption summit in the White House, where investors hope to have an insightful look at the encryption strategy in management.

How did we get here?

Trump for the first time introduced the idea of ​​US Bitcoin in Bitcoin 2024, a major conference in industry. Stadium: The government must keep all bitcoin that it seizes instead of selling it.

Since then, the idea has gained a traction among some encryption fans who are eager to policies that give and enhance Bitcoin. Some believe that the reserve is a logical extension of the current Bitcoin in the government, which is estimated at a total of more than 180,000 BTC – at a value of about $ 18 billion – seized by Internet criminals. Usually, the government sells Bitcoin’s confiscation to compensate for efforts to the victims and the enforcement of the boxes.

While Bitcoin remains the most related to the United States government CodedThe authorities have seized other digital currencies as well.

Trump, who was previously a critic of encryption, adopted the cryptocurrency community (and the wealthy donors) during his last campaign. During the era of former President Joe Biden, the organizers cracked digital assets, citing concerns about fraud and money laundering.

Since Trump’s return, the Securities and Stock Exchange Committee (SEC) has eased its approach and investigations have been dropped in many major encrypted currency companies, including rejection of the lawsuit against CoinbaseThe largest exchange in the country.

Criticism of strategic coding reserves

Trump’s advertisement extracted mixed reactions from financial societies and encryption. Some are concerned that government ownership of encrypted currencies can lead to a widespread impact on the market, organizational transgression and even manipulation.

For example, XRP, one of the symbols that Trump called to join SCR, is the Ripple Labs icon. Financially supported financially invited to the candidates supporting Congress in November, according to Reuters. More fears of potential corruption, Donald and Melania Trump They launched their cryptocurrencies.

Many in the encryption community believe that the reserve should carry Bitcoin exclusively, on the pretext that it is an older and safer option. Others oppose the concept of the national reserve completely, warn that government -backed reserves can threaten national security, harm individual investors, reduce the domination of the dollar or can be easily dismantled by future departments.

“The United States government should not choose the winners and losers in the encryption market,” says Adam Bloomberg, co -founder of interaxis, a company that provides an encrypted currency and Blockchain education for financial advisors. “This is not what has been created an encrypted currency. It puts a lot of strength in the hands of the federal government, which is always in a four -year cycle (or even two years).”

Security is another concern for Blumberg.

“Who has the keys? How is it secured?” He says. “We can store gold because you store it using cellars and men with guns. Bitcoin is all electronic.”

Blumberg puts a potential scenario as the United States begins to buy huge amounts of bitcoin every year, pushing the price up and higher. At the same time, other countries, such as China, BTC, accumulate to keep up with.

“But a few years later, China can decide to throw all BTC – and unload the price,” says Bloomberg. “It will not have a significant impact on the United States government, because cryptocurrency reserves will be a small part of our value. However, it will have a great impact on individual investors because everyone will buy BTC to think about the presence of the Bitcoin arms race.”

It also criticizes the inclusion of other symbols other than bitcoin in the national reserve.

“Other encryption origins like ETH and Sol have different evaluation structures,” he says. “Like the United States it will have a strategic reserve for Amazon and Microsoft.

The five currencies of Trump’s encrypted currency reserve have chosen

Below is an overview of the five encrypted currencies chosen for the new strategic government reserve. It is worth noting that Stablecoins, such as USDC, is absent from the list.

Bitcoin

The original cryptocurrency, Bitcoin was the cornerstone of the digital assets market since its launch in 2009. However, Bitcoin did not gain traction until 2017. In 2024, SEC agreed to the investment funds circulating in Bitcoin, making it easier for institutional investors to obtain exposure.

ethereum

ethereum It operates a central network as users deals with ether. The capabilities of smart contracts make them necessary for decentralized applications, which helps to consolidate its position as the second largest encrypted currency.

Xrp

It was developed by Ripple Labs, facilitates XRP payments across borders and supports transactions in multiple Fiat currencies. Its unreliable system allows it to perform rapid and effective international funds.

Solana

SolanaIt was presented in 2020, famous for its high -speed transactions and developmental infrastructure. The original network, Sol, plays a major role in the ecosystem for proof of proof.

Cardano

Founded by one of the founders participating in Ethereum, Cardano It runs a smart contracts network created for identity and security management. The original distinctive symbol, ADA, supports the system of governance and trick in the platform.