President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies such as Ripple’s XRP and Solana in his proposed national crypto reserve, the New York Post reports. reported on January 16, citing insider sources.
This move is in line with his campaign promise to create a Bitcoin reserve among other potential crypto-focused policies to strengthen the US digital economy.
Broader approach
Although Trump’s election campaign featured Bitcoin prominently, recent reports suggest he may also be prioritizing assets with US origins.
Speculation has increased following meetings between Trump and leaders of Ripple and other crypto projects. Ripple executives, including CEO Brad Garlinghouse, recently attended a private dinner hosted by Trump at his Mar-a-Lago residence.
According to the report, including digital assets such as
However, some insiders warn that such a move could divert attention from Bitcoin, which has been a central focus of Trump’s campaign promises. Critics argue that expanding the multi-asset reserve could weaken Bitcoin’s position as the dominant digital currency in US policy.
During his campaign, Trump outlined plans to position the US as a global leader in Bitcoin adoption. This included plans to improve Bitcoin mining capabilities domestically and introduce a strategic national reserve of the best crypto coins.
Industry response
The possibility of prioritizing US digital currencies has sparked debate within the crypto community.
Proponents of assets like Solana and XRP see this as a major win for US blockchain projects. Yet others remain unconvinced.
David Bailey, CEO of Bitcoin Magazine and a prominent player in Trump’s BTC embrace, dismissed the reports as baseless. proverb:
“Fake news. You might as well call Ripple Kamala a coin.”
On the other hand, Alexander Grieve, a government affairs expert at Paradigm, urged the public to treat such claims with skepticism unless they are confirmed by Trump or his administration.
Grieve declared:
“There will be many stories over the next four years about what President Trump thinks/doesn’t think, things he is supposedly ‘receptive’ to, etc. View such stories with skepticism until it comes from him or his staff.”
