#Trump Supports Bitcoin Reserves#

The Trump administration's stance on cryptocurrencies has drawn widespread attention. Coinbase CEO Brian Armstrong stated that President Trump is enthusiastic about establishing a strategic Bitcoin reserve and believes that any government holding gold should also include Bitcoin as a reserve asset. Ripple CEO Brad Garlinghouse also vigorously advocated for blockchain at Trump's inauguration, highlighting its potential for economic growth and innovation. Franklin Templeton CEO Jenny Johnson believes that the Trump administration will be committed to integrating traditional finance with cryptocurrencies and establishing clearer regulatory guidelines. Additionally, Circle CEO Jeremy Allaire anticipates seeing an executive order regarding cryptocurrencies soon and considers stablecoin regulation a top priority. Coinbase CEO Brian Armstrong also mentioned that future stablecoin regulation may require full backing by U.S. Treasury bonds and potentially lead to Coinbase delisting USDT. Although Trump did not mention cryptocurrencies in his inaugural address, Kara Calvert, Coinbase's head of U.S. policy, stated that cryptocurrencies remain a priority for the Trump administration. Overall, the Trump administration's stance on cryptocurrencies remains unclear, but the market generally expects a more proactive regulatory approach and a push toward the integration of cryptocurrencies with traditional finance.