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BitcoinSistemi 2025-03-02 21:42:09

Developers of Altcoin Not Included in US Strategic Cryptocurrency Reserve Make Urgent Call to US Government – They Demand to Join

Following President Donald Trump’s announcement of the US Strategic Reserve, which includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), Litecoin (LTC) developers have issued a formal call to include LTC in the reserve. In an open letter, Litecoin’s development team outlined why LTC deserves to be among the country’s officially recognized digital assets, citing its long-standing history, security, and institutional adoption. The developers have outlined several critical reasons why Litecoin should be considered for the US crypto reserve: Proven Security and Decentralization: Running on a fully decentralized proof-of-work (PoW) blockchain, Litecoin has been operating for over 13 years without any outages or major security breaches. High Liquidity and Market Presence: LTC is one of the most widely traded cryptocurrencies available on almost all major global exchanges, making it easy to integrate into financial reserves without causing market volatility. Bitcoin’s Gold vs. “Digital Silver”: Like silver’s complementary role to gold in traditional finance, Litecoin offers faster transactions and lower fees while maintaining sound monetary principles. Institutional Support in the US: Major platforms like Fidelity, PayPal, and Robinhood support LTC, signaling strong regulatory compliance and mainstream adoption. ETF Approvals Pending: Multiple Litecoin ETFs are lined up to list on major U.S. exchanges, signaling greater institutional interest in the asset. Real-World Use: With its low transaction fees and fast processing times, Litecoin is widely used for everyday payments and remittances, further proving its practical value. Related News: Ripple (XRP) CEO Brad Garlinghouse Speaks Following the Announcement of the US Strategic Cryptocurrency Reserve The developers ultimately addressed US officials with the following message: “For a truly decentralized digital asset reserve, Litecoin ticks all the boxes. Time-tested, secure, widely accepted, and institutionally backed, LTC is an obvious choice for a U.S. crypto reserve.” *This is not investment advice. Continue Reading: Developers of Altcoin Not Included in US Strategic Cryptocurrency Reserve Make Urgent Call to US Government – They Demand to Join