Strategy Chairman Michael Saylor Has Taken a Unique Stand on US President Donald Trump's Addition of XRP and Cardano

Strategy chairman Michael Saylor has taken a unique stand on US President Donald Trump's addition of XRP and Cardano to the national crypto reserve proposition.

The chairman and founder of Strategy, Michael Saylor, has shared his thoughts on President Donald Trump's addition of XRP and Cardano to the national crypto reserve proposition.

In an interview with CNBC yesterday, the Bitcoin maximalist surprisingly expressed approval of a multi-coin US crypto reserve. Despite repeatedly stating that there is no second-best asset after the flagship crypto asset, Saylor described the adoption as bullish for Bitcoin and the entire US crypto industry.

On Sunday, Trump announced the inclusion of four new assets in the national crypto stockpile, which was previously focused solely on Bitcoin. Expanding on previous reports of a US crypto reserve, the president confirmed the addition of Ethereum, XRP, Solana, and Cardano to the assets held in the reserve.

However, Saylor suggested that Trump's adoption of a liberal economic policy for digital assets bodes well for Bitcoin regardless of the other coins included. The Strategy executive chairman asserted that the priority should be America's progressive stance in adopting digital assets, which he estimated to be worth $100 trillion to the country.

Saylor's approval of a multi-coin reserve seems to contradict his previous comments on other digital assets. Earlier, he described XRP as an unregistered security and praised the US Securities and Exchange Commission (SEC)'s crackdown on the asset and other altcoins.

But Saylor's changing tone might indicate a sudden realization of XRP's role in the US crypto sector from the macroeconomic perspective. This narrative, however, remains open to speculation.

Several industry leaders have expressed their opinions on the pros and cons of pairing Bitcoin with altcoins in the national reserve. Most of the backlash centers on the perceived centralized nature of the other assets, especially those with issuers.

For instance, Gemini co-founder Tyler Winklevoss argued that XRP, Solana, and Cardano do not meet the criteria for a crypto strategic reserve. According to him, only Bitcoin is currently suitable for such a massive undertaking.

"I have no beef with $XRP, $SOL, or $ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is bitcoin.

Many of these assets are listed for trading on @Gemini and meet our rigorous internal standards. Among the exchange-listed assets, I would personally prefer $ETH, $ATOM, and $LUNA to be included in the basket over the three coins selected by the president. However, ultimately I think it is up to Congress to decide. "

Crypto critic Peter Schiff also weighed in, acknowledging Bitcoin's digital gold properties—a statement he rarely makes—and questioned the inclusion of XRP in the US crypto reserve proposal.

"The good news is that President Trump is planning to add another crypto to the U.S. Strategic Reserve. The bad news is that the crypto is going to be XRP. Why would the president want to put a rapidly declining crypto, created by a former investment banker to be used for money laundering, in the Strategic Reserve?"

In response to Schiff's remarks, Cardano founder Charles Hoskinson stated that the crypto industry leader is "incredibly misinformed."correcting Schiff's claims about XRP and highlighting its role in cross-border payments.