Trump-backed project launches strategic cryptocurrency reserve to strengthen the market.

While the United States' National Strategic Bitcoin Reserve is still in the works, other projects are making progress in this area. World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has just announced the “Macro Strategy”. This is a cryptocurrency reserve designed to mitigate market volatility, providing more stability and resilience to selected projects.

Cryptocurrency reserve under debate

The campaign around Trump was victorious by raising many flags in the cryptocurrency sector. Among them, the creation of a Strategic Bitcoin Reserve. The topic is advancing in several US states, but at the national level it remains stagnant. However, about to complete one month in office, many doubts surround the creation of the reserve by the United States.

Although the Republicans, Trump's party, have a majority in the House and Senate, the party has had internal conflicts. There is a dispute between the more traditional wing of the party and the “Trumpists”, those who surfed the Trump wave.

Furthermore, Trump's right-hand man on the cryptocurrency issue, David Sacks, wants to debate the issue of cryptocurrencies for at least six months. The strategy is to attract the Democratic wing of the party to support the proposal and provide stability for the Reserve, regardless of changes in the White House.

Source: CriptoFácil