President Trump Announces U.S. Crypto Reserve to Strengthen Digital Asset Industry

the staff of the Ridgewood blog

Washington DC, President Donald Trump has unveiled plans to create a U.S. Crypto Reserve, aiming to bolster the digital asset industry after what he describes as years of regulatory attacks under the Biden Administration.

Trump’s Vision: Making the U.S. the “Crypto Capital of the World”

In a Truth Social post on Sunday, Trump stated:

“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.”

With this initiative, Trump has declared his intention to make the United States the “Crypto Capital of the World.”

First-Ever White House Crypto Summit

Trump’s announcement comes ahead of the March 7 White House summit that will bring together leading cryptocurrency founders, CEOs, and investors for discussions on the future of the industry.

As part of his executive order on digital assets, Trump’s Presidential Working Group on Crypto has been given six months to present recommendations on regulatory and legislative proposals to ensure responsible growth in the sector.

What Could the U.S. Crypto Reserve Look Like?

While specific details of the U.S. Crypto Reserve remain unclear, Trump’s inclusion of XRP, Solana (SOL), and Cardano (ADA) suggests an effort to diversify and strengthen the nation’s crypto holdings.

Interestingly, Trump has shifted his stance on cryptocurrency—having previously dismissed it as a “scam,” he has now fully embraced digital assets as part of his economic strategy.

As the crypto industry awaits further details, this initiative could reshape the regulatory landscape and drive mass adoption in the United States. Stay tuned for more updates on this developing story.

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