The president of the United States, Donald Trump, assaulted the cryptographic world on Sunday night with the announcement of a cryptographic strategic reserve plan that includes XRP, Ada de Cardano and Sol de Solana, which then added Bitcoin (BTC) and Ether (eth) to the mixture.
Trump has been discussing the idea of a strategic cryptography reserve since his 2024 presidential campaign. Shortly after assuming the position in January, he signed an executive order that ordered a working group to evaluate the formation of a strategic encryption reserve, but the order did not explicitly demand that the United States stable one directly.
The Order said that the digital asset work group should “evaluate potential creation and maintenance of a National Digital Assets Reserve.” Trump said Sunday that the group should “advance” by formally establishing the reservation. The working group will organize a summit on Friday with the cryptographic industry and government representatives.
That instantly convinced the markets, since Ada and XRP increased to 60%, and Bitcoin reversed a part of last week’s losses with a movement above the level of $ 93,000. The merchants warned against the increase in market exposure after the sudden movement as the specific details about the reserve are finished, with all the eyes on the first cryptographic summit of the White House scheduled for March 7.
While merchants remain focused on prices, this is what the leaders of the cryptographic industry on long -term implications and the impact of possible strategic reserve plans say.
“I imagined that a strategic reserve would be only Bitcoin. That makes more sense to me.
Many cryptographic assets have merits, but what we are talking about here is not an investment portfolio in the United States: we are talking about a reservation, and Bitcoin is the indisputable value store for the digital era.
Of course, I am grateful that the new administration is so constructive in space. I hope to learn more about thinking here. “
“I have said this before: the cryptographic industry will achieve our goals (and beyond), if we work together. We appreciate the vision of the president of the @realdonaldtrump cryptography of a representative of the industry of the government industry industry.
Maximalism is the enemy of industry progress. I am glad to see Potus recognizing that we live in a world of multiple multiple and that we are finally going through Bill Hinman and the very broken thought of the sec of the Biden administration.
I will undoubtedly continue to defend this while in Washington at the end of this week. “
“Excited to learn more. Still forming an opinion on the assignment of assets, but my current thought is:
1. Only Bitcoin would probably be the best option: a simpler and more clear story as a golden successor.
2. If people would like more variety, they could make an index weighted by the capitalization of cryptographic asset markets to keep it impartial.
But probably option #1 is the easiest “
“I get the justification of a Bitcoin reserve. I do not agree with that, but I understand. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So we also create a Bitcoin reserve. But, but what is the justification of an XRP reserve? Why would hell need that?”
“Nothing new here. Only words. LMK when they get the approval of the Congress to ask for money I revalue the highest gold price. Without that they do not have money to buy #bitcoin and #Shitcoins.”
Tracy Jin, Coo de Mexc
“This movement indicates the recognition of the value and contribution of cryptocurrencies to the national economy, its role in economic strategy and the growing recognition of blockchain potential to boost innovation in global change towards a digital economy.
The Crypto reserve of the United States could play an important role in stabilization of volatility, providing legitimacy and democratizing access to cryptography assets. It could also pave the way for lighter regulatory guidelines, that the key actors in the industry have advocated for a long time.
Historically, strategic reserves have significantly promoted the demand for products such as crude oil and gold. The institutional and central bank interest in El Oro led to an increase in the price of 26% in 2024, and a similar effect could be seen for cryptographic assets with strong technological foundations and real world applications. “
James Butterfill, Chief of Research at Coinshares
“We are surprised to see digital assets that are not bitcoin included in the strategic reserve, since they differ significantly in nature. Unlike Bitcoin, which serves as a fixed supply asset that can help protect themselves against a depreciated fiduciary currency, these assets are similar to technological investments.
The announcement suggests a more patriotic position towards the broadest space of cryptographic technology, with little consideration for the fundamental qualities of these assets. “
Yves La Rose, CEO and co -founder of the Eos Network Foundation
“President Trump’s strategic reserve announcement was intriguingly timed, causing a Sunday against a backdrop of the mistreated market and highlighting XRP, Ada and Sol before BTC and ETH.
While most awaited an ‘Bitcoin’ approach, this pivot underlines the multidimensional potential of digital assets, racing the path for advanced liquidation solutions and joining global finances. It is a strategic movement that could forge new associations and inspire a more robust infrastructure for large -scale adoption.
Call it a ‘triumph index fund’ or an ‘American index fund’; It shows the versatility and resilience of this evolutionary market. This movement establishes a powerful precedent for the future of digital finances, demonstrating that there is space at the table for a variety of tokens and technologies. “
Read more: Crypto Daybook Americas: The Trump Reserve, the reserve shock revives the cautious hope of $ 100k BTC
This is a list of comments from the leaders of the cryptographic industry, regularly updated.