Donald Trump’s Strategic Crypto Reserve: Will Ethereum Join Bitcoin?
The post Donald Trump’s Strategic Crypto Reserve: Will Ethereum Join Bitcoin? appeared first on Coinpedia Fintech News
It’s almost clear that the Donald Trump-led government will establish a strategic crypto reserve. Many believe that Bitcoin will be the only crypto to be used to create the reserve. However, Vivek Ventures, an Ethereum enthusiast, challenges this argument, highlighting why Ethereum will also be a part of Trump’s strategic reserve. Here come his arguments!
The US Strategic Crypto Reserve and Etheruem’s RolePortraying Ethereum as ‘Digital Oil’, Vivek argues that the basic concept of a strategic crypto reserve includes ETH. Explaining the extreme significance of Ethereum, he states that this crypto is important not only for digital economy growth but also for global USD distribution.
ETH Secures $120 billion in tokenized assets, and $110 billion in stablecoins, say reports.
Importantly, stablecoins, largely on Ethereum, are now among the top holders of US Treasuries.
**A US STRATEGIC CRYPTO RESERVE WILL LIKELY INCLUDE ETHEREUM**
There is mounting evidence that a national strategic crypto reserve will include ETH in addition to BTC as its core holdings
Here’s why:
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