Martins Benkitis, the co-founder and CEO of market maker Gravity Team, suggests that any national digital asset stockpile, as proposed by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. While the executive order is vague on the creation of a stockpile, Benkitis believes that Bitcoin should be the key asset included, with other digital assets potentially being added later and in a phased manner. Benkitis warns of potential volatility if other assets are included and emphasizes the importance of market makers optimizing their hedging strategies. He also urges the Trump administration to establish clear rules and a robust regulatory framework for stablecoins to enable the U.S. to dominate the global market.



Other News from Today