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

Quick Summary:

While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve.

But others, including Naval Ravikant and Vinny Lingham, voiced strong opposition, saying taxpayers shouldn’t be used as liquidity for these assets.

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.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: News Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 13:51:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26662979

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 24 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

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