DTX Exchange (DTX) Price Soars 38% After Donald Trump Announces It's Part of the U.S. Crypto Reserve

The XRP price just made history, soaring over 30% in a single day after a game-changing announcement from Donald Trump. With Ripple's XRP now part of the U.S. crypto reserve

U.S. President Donald Trump has named cryptocurrency assets that will be included in the U.S. crypto strategic reserve.

According to a statement from the White House, the administration will be placing BTC, ETH, SOL, and ADA in the crypto reserve. The move comes amid heightened concerns over inflation and the stability of traditional financial systems.

A portion of the cryptocurrencies will be used to intervene in foreign exchange markets and maintain the value of the U.S. dollar, sources familiar with the matter revealed.

The president’s administration is also considering adding some of the world’s most valuable cryptocurrencies to the national balance sheet, in a move that could shift macroeconomic policies toward a broader asset class inclusion.

However, the administration has not yet decided on the exact cryptocurrencies that will be part of the reserve, and no announcements are expected to be made at the upcoming G20 summit.

Despite this, the inclusion of crypto in the U.S. strategic reserve is a significant development, as it signals the administration’s growing recognition of digital assets.

The strategic reserve, usually composed of foreign currencies, government securities, and commodities such as gold, serves as a buffer against economic crises.

Earlier this year, the administration unveiled plans to begin investing in advanced technologies, including artificial intelligence, to maintain the U.S.’s economic competitiveness.

In a statement, a White House spokesperson said, “The administration is committed to using all available tools to maintain the economic security of the United States.”

The spokesperson added, “We are exploring new and creative ways to respond to the evolving economic landscape, and we will continue to engage with allies and partners in this effort.”

The move to include crypto in the U.S. strategic reserve comes amid growing concerns over inflation and the stability of traditional financial systems.

As the U.S. attempts to navigate these challenges, the administration is reportedly open to exploring new economic paradigms, which could involve a greater role for cryptocurrencies.