From Nasdaq: 2025-03-22 10:11:00

On March 6, the White House announced the creation of the U.S. Digital Asset Stockpile, a central repository for all cryptocurrencies held by the U.S. government, excluding Bitcoin. The stockpile will include Ethereum, Tether, Binance Coin, USDC, and several other cryptocurrencies, with Ethereum and Tether having the greatest value. The creation of the stockpile is not expected to impact crypto prices in the next 12 months, as the government has no plans to buy more crypto assets. The move has raised questions and concerns among crypto watchers, but it could solidify U.S. government support for the crypto industry.

President Trump has suggested that cryptos like XRP, Chainlink, and Tron could see a boost from being included in the stockpile, but details about which cryptos will be included are still unclear. The move has been met with skepticism from some in the crypto industry, who question why the U.S. government is investing in speculative cryptocurrencies. Despite potential benefits for the crypto market, significant portfolio gains from lesser-known cryptos are unlikely, with Ethereum being the primary beneficiary of the stockpile.

Overall, the creation of the U.S. Digital Asset Stockpile could help establish government support for the crypto industry, but its impact on individual crypto prices remains uncertain. As the government clarifies which cryptocurrencies will be included in the stockpile, investors will need to reassess their expectations for portfolio gains from these assets.



Read more at Nasdaq: 3 Important Things to Know About the U.S. Digital Asset Stockpile