In a groundbreaking move, former President Donald Trump has signed an executive order positioning the United States as a global leader in the crypto and AI sectors. The order outlines plans for a “Strategic Crypto Reserve,” potentially including prominent altcoins like Ripple’s $XRP, Circle’s $USDC, and Cardano’s $ADA, while banning the development of Central Bank Digital Currencies (CBDCs).
Mark Yusko, CEO of Morgan Creek, suggests the reserve could hold Bitcoin alongside U.S.-founded crypto projects, strengthening the nation’s blockchain infrastructure. Ripple, reportedly lobbying heavily, is emerging as a key player in these developments. Additionally, the order establishes a “Working Group on Digital Asset Markets,” led by prominent investor David Sacks, tasked with proposing a national digital asset stockpile within 180 days.
The executive order is complemented by a monumental $500 billion investment in AI infrastructure. This funding will flow through a new initiative, Stargate, spearheaded by Sacks. With $100 billion already committed by leading firms and an additional $500 billion set to follow, the initiative aims to solidify U.S. dominance in AI technology.
Notably, the order has drawn bipartisan support, with Senator Cynthia Lummis advocating for regulatory clarity and pro-crypto policies. Meanwhile, Trump has pardoned Silk Road founder Ross Ulbricht, signaling a significant shift in crypto-related policymaking.
These moves underscore the administration’s commitment to innovation and leadership in blockchain and AI, fueling optimism in the crypto market. Analysts expect increased adoption and investment in U.S.-based projects as these initiatives unfold.
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