In a segment from the 0xResearch newsletter, it was reported that former US President Donald Trump announced his plans to establish a "crypto strategic reserve" on his social media platform, Truth Social. The assets that were mentioned to be included in this reserve were XRP, SOL, ADA, ETH, and BTC. Following this announcement, the crypto markets reacted positively, with BTC rising 6%, ETH increasing by 5.3%, and XRP surging by 18%. However, the article argues that the idea of a US crypto reserve is bizarre and should be treated with skepticism. It highlights that countries typically establish reserves of gold or foreign currencies to ensure economic stability and confidence in their financial systems. The article questions the qualifications of the mentioned crypto assets to be part of a national reserve, with concerns raised about their stability, value accrual, and market fit. Overall, the article contends that none of these assets are necessary for a strategic reserve to protect the US dollar or strengthen the American economy.



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