On March 2025, the Trump administration signed an executive order to establish a 'Strategic Bitcoin Reserve,' incorporating approximately 200,000 bitcoins held by the U.S. government, valued at about $17 billion. These bitcoins mainly come from assets seized by law enforcement in criminal and civil cases.
Trump likened this move to a 'digital Fort Knox,' aimed at making the U.S. a global cryptocurrency hub and maintaining the dollar's dominance through stablecoins. Additionally, the government plans to establish an 'American Digital Asset Reserve' to store other seized cryptocurrencies, such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).