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coinpedia 2025-03-04 13:51:20

Bitcoin, XRP, and ADA: What Role Will They Play in Trump’s Proposed Crypto Reserve?

The post Bitcoin, XRP, and ADA: What Role Will They Play in Trump’s Proposed Crypto Reserve? appeared first on Coinpedia Fintech News Since President Trump confirmed plans for a US crypto reserve , speculation has been rampant about which assets will be included. While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve. Farcaster co-founder Dan Romero has shared insights into how the government might manage these assets. Romero’s Predictions on the US Crypto Reserve Romero suggests the Trump administration will not purchase new crypto but instead use only seized assets for the reserve. He predicts Bitcoin will make up around 80% of the holdings due to its dominance and global acceptance. However, XRP and ADA could play a unique role, with Romero stating they might be used for in-kind tax payments or quasi-donations, hinting at potential government collaboration with Ripple and Cardano. Skepticism Over XRP and ADA’s Inclusion According to a CNBC report , despite excitement over Trump’s crypto reserve, some in the community question the inclusion of XRP and ADA. Gemini co-founder Taylor Winklevoss argued that only Bitcoin meets the criteria for a strategic reserve, while economist Peter Schiff also expressed doubts about the selection of altcoins. Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is: 1. Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold 2. If folks wanted more variety, you could do a market cap weighted index of crypto… https://t.co/jv8Gcn8N2S — Brian Armstrong (@brian_armstrong) March 3, 2025 Coinbase CEO Brian Armstrong also wants a Bitcoin-only reserve. He sees Bitcoin as a decentralized, gold-like asset. However, he said that adding other cryptocurrencies is seen as risky and a misuse of taxpayer money. Critics, including tech investor Joe Lonsdale, argue that the government shouldn’t be spending on speculative assets while running a massive deficit. Anthony Pompliano, a strong Trump supporter in the crypto space, criticized the move in his newsletter , arguing that Trump’s decision to include multiple cryptocurrencies in the U.S. reserve was influenced by the wrong people. He believes special interest groups and lobbyists convinced Trump to back riskier tokens under the guise of supporting “American-made” crypto projects, which he sees as a trap that goes against the original pro-Bitcoin agenda. In response, Crypto Czar David Sacks pushed back such claims , saying it’s too early to judge the plan. But others, including Naval Ravikant and Vinny Lingham, voiced strong opposition, saying taxpayers shouldn’t be used as liquidity for these assets. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Bitcoin Price Prediction 2025: Can BTC Hit $150K Despite Market Turmoil? , XRP Proponents Back Trump’s Strategy In contrast, XRP supporters welcome the move. Cardano founder Charles Hoskinson praised XRP’s resilience and strong community, calling it a smart choice. Ripple CEO Brad Garlinghouse hailed Trump’s decision as a significant step forward, emphasizing the importance of a multichain future. With debate intensifying, the crypto community awaits further details on how the US crypto reserve will be structured and managed. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.