Crypto Leaders Share Their Thoughts on Trump’s Bold Reserve Strategy

Crypto Leaders React to Trump’s Bold Crypto Reserve Plan

The cryptocurrency industry was set ablaze Sunday night after U.S. President Donald Trump revealed plans for a strategic crypto reserve, initially naming XRP, Cardano (ADA), and Solana (SOL) before later including Bitcoin (BTC) and Ethereum (ETH). The announcement sent markets soaring, with ADA and XRP surging over 60% and Bitcoin reclaiming $93,000 after last week’s pullback.

Trump has long flirted with the idea of a government-backed crypto reserve, first discussing it during his 2024 presidential campaign. After taking office, he signed an executive order tasking officials with assessing its feasibility—but until now, there was no formal commitment to making it a reality.

That changed Sunday when Trump directed his digital assets working group to officially move forward with the reserve’s formation. To further outline the initiative, the White House is hosting a Crypto Summit on March 7, where key policymakers and industry executives will weigh in.

Crypto Industry Leaders React

With speculation swirling, top figures in the crypto space shared their perspectives on the implications of Trump’s move:

Hunter Horsley, CEO of Bitwise

“A U.S. strategic reserve for Bitcoin? Makes sense—it’s digital gold. But a multi-asset reserve? That’s unexpected. It suggests the administration sees value in a diversified approach.”

Brad Garlinghouse, CEO of Ripple

“For years, crypto has battled regulatory hostility in the U.S. Now, we have a president acknowledging its strategic importance. Including multiple assets, not just Bitcoin, shows a maturing understanding of the industry.”

Brian Armstrong, CEO of Coinbase

“The big question is: What’s the purpose of this reserve? If it’s purely for financial security, Bitcoin alone would be the logical choice. If the goal is fostering innovation, then diversification makes more sense.”

Peter Schiff, Gold Advocate & Bitcoin Skeptic

“Bitcoin as a reserve asset? Fine, I understand that logic, even if I don’t agree. But why XRP, ADA, and SOL? The U.S. should focus on tangible assets with long-term stability instead of speculative bets.”

Arthur Hayes, Co-Founder of BitMEX

“This is just noise until we see congressional approval and an actual allocation of funds. Without those, this is just another political statement.”

Tracy Jin, COO of MEXC

“A U.S. crypto reserve could serve as a stabilizing force for the industry. If managed properly, it could boost legitimacy, attract institutional adoption, and lead to clearer regulations.”

James Butterfill, Head of Research at CoinShares

“It’s surprising to see assets beyond Bitcoin in the reserve plan. Unlike BTC, which is a fixed-supply hedge, altcoins function more like tech investments. This move suggests a broader pro-crypto stance than expected.”

What Comes Next?

While the announcement has sparked a bullish rally, questions remain:

• Will the U.S. government actually purchase these assets?
• How will the reserve be funded?
• Will this lead to more favorable crypto regulations?

The upcoming White House Crypto Summit on March 7 may provide answers. For now, crypto markets are celebrating—but traders remain cautious until concrete steps are taken.

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