News of the establishment of a strategic Bitcoin reserve is eagerly awaited after Donald Trump is inaugurated on Monday.
In addition, Trump’s recent announcement that other altcoins, other than Bitcoin (BTC ($104,542.70)), could be included in the strategic reserve has further increased expectations.
At this point, Morgan Greek Capital CEO Mark Yusko said that the Trump administration could also include altcoins named XRP ($3.19), ADA ($1.00) and HBAR ($0.33) in strategic reserves.
Speaking in a recent Youtube video, Mark Yusko said that Donald Trump and his administration will expand their strategic reserve beyond Bitcoin.
At this point, the famous CEO claimed that Trump could include XRP, Cardano (ADA) and Hedera (HBAR) in the US reserves, apart from BTC.
Yusko stated that the developing relations between the altcoin founders and the Trump family could be behind this decision.
The CEO emphasized that the growing ties between Trump’s son Eric Trump and altcoin founders could be effective in this.
Apart from this, Yusko highlighted the potential use of XRP (XRP Ledger) as a central bank digital currency (CBDC) or a foundation for national banking infrastructure and underlined the growing interest in XRP.
Mark Yusko recently noted that Trump’s inclusion of XRP, ADA, and HBAR in the strategic reserve may not happen within the first 100 days of the new administration, but could significantly impact the crypto market.
*This is not investment advice.
Continue Reading: Donald Trump May Include Other Altcoins in Reserve Besides Bitcoin (BTC)! “XRP and These Two Surprise Altcoins Are the Top Candidates, No Solana (SOL ($261.20))!”