Trump open to adding XRP, Solana to U.S. crypto reserve: report

President-elect Donald Trump is reportedly considering an “American first” crypto reserve strategy that prioritizes U.S.-founded digital assets, according to the New York Post.

Pieces such as Solana (GROUND), USD coin (USDC), and undulation (XRP) are being discussed as potential inclusions.

Asset recently met with the founders of these projects and would have been receptive to the idea, sources close to the matter revealed to the NYP. It would aim to concentrate US-based cryptocurrencies in its propose “America First” Crypto Reserve Strategy.

Fewer eyes on Bitcoin?

However, the proposal has raised concerns within the cryptocurrency community, particularly among Bitcoin supporters.

Critics say a focus on U.S.-based coins could harm efforts to establish Bitcoin (BTC) as the leading digital asset in the US crypto landscape – a promise Trump highlighted during his campaign.

Despite these concerns, industry players remain optimistic about the broader impact of Trump’s pro-crypto agenda.

The new administration has already announced plans to issue executive orders to deregulate the industry, create a presidential crypto advisory council, repeal restrictions. policies such as SAB 121, and position the United States as a global hub for Bitcoin mining.

Asset appointed investor David Sacks as the country’s first AI and crypto czar. A celebratory Crypto Ball is planned for January 19, with sponsors including CoinbaseSolana and Kraken.