President Trump signed executive order to initiate crypto reserve that includes BTC, ETH, SOL, XRP, and ADA

U.S. President Donald Trump has announced that the government’s digital asset reserve will include five major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, and Cardano (ADA).

At first, he directed the President’s Working Group on Digital Assets to add XRP, Solana, and Cardano's ADA to the reserve.

Later, he added Bitcoin and Ether, saying they would be at the "heart of the reserve."

The executive order President Trump signed directing the Working Group on Digital Assets to initiate on a Crypto Strategic Reserve that includes BTC, ETH, XRP, SOL, and ADA.

The Presidential Working Group on Digital Asset Markets is a key component of President Donald Trump's strategy to strengthen U.S. leadership in digital financial technology.

Established by an executive order in January 2025, this group aims to develop a federal regulatory framework for digital assets, including stablecoins, and evaluate the creation of a strategic national digital assets stockpile.

The group is chaired by David Sacks, the White House AI & Crypto Czar.

Members include: the Secretary of the Treasury, Attorney General, Secretary of Commerce, Chairman of the Securities and Exchange Commission (SEC), Chairman of the Commodity Futures Trading Commission (CFTC), and other relevant department heads.

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Background

At the Bitcoin 2024 conference in Nashville, Tennessee, Trump promised that if he was elected, the U.S. government would keep 100% of all the Bitcoin it owns now or buys in the future.

He described this as a "strategic national Bitcoin stockpile." However, there was a shift in policy and executive order.

On January 23, Trump signed an executive order to create a "digital asset stockpile" instead of just focusing on Bitcoin.

This frustrated Bitcoin supporters who wanted only Bitcoin to be included.

The executive order also banned the research and development of a central bank digital currency (CBDC) in the U.S.

Asked the Working Group on Digital Assets to explore stablecoin regulations.

Bitcoin supporters were unhappy, as they had expected a policy focused only on Bitcoin. Many criticized the shift in language from "Bitcoin stockpile" to "digital asset stockpile."

President Trump said that he will make sure the U.S. is the crypto capital of the world.

On March 7, Trump will host the first White House Crypto Summit to discuss the future of crypto regulations with industry leaders and government officials.