Trump Announces the “Crypto Strategic Reserve” to Strengthen the US Economy

To strengthen the US economy, US President Donald Trump announced the “Crypto Strategic Reserve.” Trump says he loves Bitcoin & Ethereum.

President Donald Trump announced the “Crypto Strategic Reserve” to strengthen the US economy and help the crypto space get a better position in terms of the regulatory landscape.

On 2 March 2025, Donald Trump announced through his social media platform Truth Social that the US government is moving toward a very big decision with crypto adoption.

Trump announced the Crypto Strategic Reserve to help the US economy gain strength and maintain the position of America as a crypto capital country.

“President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his week-one E.O. 14178. President Trump is keeping his promise to make the U.S. the “Crypto Capital of the World.” More to come at the Summit,” Trump said.

According to the latest statement by Donald Trump, the US government will invest in Bitcoin (BTC), Ethereum (ETH), and also in other top cryptocurrencies, for example, Solana (SOL), XRP, and Cardano (ADA).

It is worth it to note that Trump showed his love for Bitcoin and Ethereum, as his top choice. And he also slammed the Biden administration for attacking crypto space.

“Obviously Bitcoin will be included in the strategic reserve. I also love Bitcoin. We’ll be making some very big decisions over the next period of time. The administrative branch of government has been trying to create problems for the cryptocurrency markets and put a damper on the crypto units, which they prefer to call ‘digital assets’ in their attempt to appear younger and hipper. But they’re not fooling anyone. Their actions are clear: they want to stall innovation and keep the status quo. They’re also attacking President Trump’s legacy by trying to cancel his executive order for the creation of the President’s Working Group on Financial Markets to study and report on digital assets. I will, of course, be selecting the coins and personally announcing the additions to the Crypto Strategic Reserve,” Trump stated.

Trump added: “My administration completed the build-up of the Strategic Reserve in accordance with the President’s executive order no. 14178, dated 1 March 2025. We also completed the build-up of the Crypto Strategic Reserve (CSR) with my selections of coins, which will be announced at the upcoming Economic and Cryptocurrency Summit in March 2025.”

Trump’s statement comes after a report by Bloomberg on Monday claimed that the former president's administration was planning to create a new task force to examine the potential of a U.S.-backed stablecoin. According to the report, the task force would be headed by David Sacks, Trump’s Crypto Czar.

Sacks also said that more decisions regarding cryptocurrencies will come soon at the summit.

"President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his week-one E.O. 14178. President Trump is keeping his promise to make the U.S. the 'Crypto Capital of the World.' More to come at the Summit," he added.

Coinbase CEO Brian Armstrong also shared his happiness but suggested creating an index of high market cap digital assets to include the majority of high dominance Cryptocurrencies in CSR with neutrality. Armstrong noted that Trump’s latest decision made Bitcoin a good successor to gold.

"Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is:1. Just Bitcoin would probably be the best option - simplest, and clear story as successor to gold2. If folks wanted more variety, you could do a market cap weighted index of crypto (like the DeFi Index) to create an ETF-like product to be maintained by a neutral party like the World Bank or IMF, which would also be helpful to have to provide the service to the developing world, to make it accessible to all countries3. Maybe an initiative like this could be part of the new Bretton Woods agreement to be announced at the upcoming Economic and Cryptocurrency Summit March 2025"

Binance co-founder Changpeng Zhao (CZ) said that Crypto Strategic Reserve is basically a new thing for crypto adoption and also indirectly said that the crypto space is no longer going to face a bear cycle phase. For the crypto projects, CZ suggested doing better to build useful things in the crypto space.

This round is clearly "US coins". Kudos to them for moving things forward.👏

I am always happy to see any progress in crypto adoption. Rising tide lifts all boats.

We keep building! 💪😆

Charles Hoskinson, founder of Cardano and co-founder of Ethereum, also shared his happiness with the latest developments around the crypto space, which includes the Cardano (ADA) coin.

Following this news the trade price of the majority of the top Cryptocurrencies surged rapidly by high percentages. In particular, Bitcoin saw an increase of 11%, from the $85k level to the $95k