Trump Announces U.S. Crypto Reserve with XRP, ADA, SOL

On Sunday, March 2, 2025, President Donald Trump laid retired his imaginativeness for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) arsenic the chosen cryptocurrencies, portion leaving Bitcoin (BTC) and Ethereum (ETH) disconnected the list, contempt their apical spots successful marketplace value.

Trump shared this update connected Truth Social, giving the nationalist its archetypal wide look astatine what this reserve mightiness involve.

In his post, Trump wrote, “A U.S. Crypto Reserve volition elevate this captious manufacture aft years of corrupt attacks by the Biden Administration, which is wherefore my Executive Order connected Digital Assets directed the Presidential Working Group to determination guardant connected a Crypto Strategic Reserve that includes XRP, SOL, and ADA.” He followed with, “I volition marque definite the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” 

Trump’s announcement ties to an Executive Order helium signed successful January 2025, asking the Presidential Working Group to survey a crypto reserve, though it didn’t fastener successful the determination to make one. Trump had made this a talking constituent plentifulness of times portion campaigning successful 2024.

Meanwhile, Senator Cynthia Lummis has been moving connected her ain idea, pushing a measure to acceptable up a Bitcoin reserve, and she’s sticking to that plan. Some states person besides kicked astir the conception of starting their ain crypto reserves, but those talks haven’t moved far.

Trump’s adjacent large measurement comes connected March 8, 2025, erstwhile he’ll big a first-of-its-kind crypto acme astatine the White House. This lawsuit volition enactment his enactment for integer assets beforehand and center. Big names from apical crypto companies volition articulation folks from the President’s Working Group connected Digital Assets. 

David Sacks, a task capitalist picked arsenic crypto czar, volition pb the event, with Bo Hines, the Working Group’s enforcement director, keeping things organized. Trump’s showing up volition hammer location his propulsion to fortify America’s relation successful the integer plus game.

On different front, the TRUMP Organization filed a trademark for “TRUMP” connected February 24, 2025, with the U.S. Patent and Trademark Office. It’s a motion of caller projects successful the works, similar a virtual satellite wherever radical could snag TRUMP-branded cogwheel oregon cheque retired a TRUMP edifice online successful the metaverse.

Through each this, President Trump is carving retired a way for integer assets, aiming to enactment the United States astatine the caput of the battalion successful the crypto race.

Also Read: House Democrats instrumentality shots astatine $TRUMP memecoin with New Bill