$USDC

On March 6, 2025, U.S. President Donald J. Trump signed an executive order establishing the Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. This initiative aims to position the U.S. as a global leader in cryptocurrency and digital asset management. (whitehouse.gov)

Strategic Bitcoin Reserve (SBR)

The Strategic Bitcoin Reserve will hold Bitcoin as a reserve asset, primarily sourced from forfeited or seized assets by federal agencies. The Bitcoin in this reserve will not be sold and will be managed as part of the nation’s financial strategy. Treasury and Commerce Secretaries have been authorized to explore budget-neutral strategies for acquiring additional Bitcoin without burdening taxpayers.

U.S. Digital Asset Stockpile

The United States Digital Asset Stockpile will consist of non-Bitcoin digital assets that have been seized or forfeited by government agencies. Unlike the SBR, assets in this stockpile may be sold or liquidated as determined by the Treasury Secretary for responsible management.

Mandatory Reporting by Federal Agencies

The order requires all federal agencies to provide a complete inventory of their digital asset holdings to ensure proper management and accountability. These steps aim to establish the U.S. as a global leader in digital asset adoption and economic growth.

White House Crypto Summit (March 7, 2025)

On March 7, 2025, President Trump hosted the first White House Crypto Summit, where he met with top cryptocurrency industry leaders to discuss the future of digital assets in the U.S. He reaffirmed his commitment to making the U.S. the “world’s crypto capital.” (apnews.com)

At the summit, Michael Saylor, a prominent Bitcoin advocate, stated that U.S. economic growth could benefit by up to $100 trillion through cryptocurrency adoption. (thestreet.com)

These actions align with Trump’s broader vision of strengthening the U.S. economy through crypto-friendly policies and technological leadership. (whitehouse.gov)