Donald Trump Eyes XRP, Solana, and USDC for ‘America First’ Strategic Crypto Reserve

XRP, Solana, and USDC could be included among other assets to form the “America First” strategic reserve proposed by President-elect Donald Trump’s transition team. This development has come at a time when there are talks about executive orders related to increasing the use of cryptocurrencies and reforming the rules governing these assets in the United States.

Strategic crypto reserve under consideration

the new york post report, Details that President Donald Trump’s administration is considering creating a cache of metals and cryptocurrencies. This will be achieved through US cryptocurrencies such as XRP, Solana and the dollar-pegged USDC stablecoin as they will use an “America First” strategy.

Some insiders state that the particular initiative may focus on these assets mainly because they belong to the local market and can help stimulate financial development within the country. Caldwell also added that the executives of Ripple including CEO Brad Garlinghouse Chief Legal Officer Stuart Alderotti met with Trump at Mar-a-Lago to discuss the idea. In particular, the discussions raised hopes for improved regulatory conditions for cryptocurrencies in the United States.

Pro-encryption executive orders are on the agenda

President Trump is expected to issue executive orders regarding the new regulatory regime for digital assets. Industry experts expect these orders to be unveiled shortly after the inauguration of the 45th President of the United States on January 20.

It also suggests that the SEC rescind Staff Accounting Bulletin (SAB) 121, which has received a lot of backlash due to its restrictive effect on banks that do business with cryptocurrency companies. Lifting this regulation may lead to increased cooperation between banks and digital currency providers. Frank Chaparro“Banks have been effectively marginalized in this space for years,” said the financial analyst and early Bitcoin investor. “This shift could reverse that almost overnight.”

Secondary legal concerns that require attention in the industry include clearing up uncertainty around certain ongoing matters Legal issues like Ripple Vs SEC. The settlement could open the doors to a spot XRP ETF, fundamentally supporting the asset class and potentially creating other opportunities for investors.

Internal discussions within the crypto community

However, there is a growing internal controversy among users Proposed strategic reserve cryptocurrencies. Some argued about the possibility of adding XRP, Solana and USDC, while others insisted on prioritizing only Bitcoin, as it is the most popular and largest cryptocurrency.

Skeptics note that the focus on developing altcoins could undermine efforts to establish Bitcoin as an essential infrastructure component of the US finance market. However, advocates of this approach argue that it may represent a change in direction for the development of US-based digital asset companies.

Celebration events before the opening

As the cryptocurrency industry continues to await Trump’s inauguration, there are parties planned in Washington, DC Cryptocurrency czar, David Sachs, It will host an opening party on January 19. It will be attended by guest speakers from the US blockchain and cryptocurrency industries and aims to kick-start the change that many hope will happen regarding digital assets in the USA.

As the upcoming liberal administration seems to be more friendly with easier cryptocurrency policies, said market participants have a positive outlook on receiving newly defined regulation and thus the said use of cryptocurrencies. The expected executive orders, along with Trump’s “America First” policies, could make the United States the world leader in the new digital economy.