Michael Saylor, executive chairman of MicroStrategy, has reinforced his stance that Bitcoin should be the sole digital asset in the US strategic reserves.
Speaking in a recent Fox Business interview, Saylor argued that while Bitcoin serves as a long-term reserve asset, other cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA) require a regulatory framework for their issuance.
Addressing concerns over XRP’s association with Ripple, Saylor emphasized the need for regulatory clarity in the crypto space. He stated that tokens such as XRP should have a structured issuance framework to ensure compliance and transparency. His comments come as President Donald Trump recently signed an executive order establishing Bitcoin reserves, which also included select altcoins such as Ethereum (ETH), XRP, SOL, and ADA.
Saylor also weighed in on the upcoming White House Crypto Summit, which is set to bring together government officials, industry leaders, and legislators. He revealed that the financing and structuring of US crypto reserves would be a six-month process involving a 12-member presidential working committee. Additionally, he highlighted the role of stablecoins in preserving US dollar dominance and advocated for asset tokenization in the financial sector.
Meanwhile, the absence of Cardano founder Charles Hoskinson from the summit attendee list has fueled speculation about ADA’s potential exclusion from the strategic reserve. Some industry veterans, including Gemini co-founder Tyler Winklevoss, have argued that only Bitcoin meets the criteria for a strategic reserve, reinforcing Saylor’s position that BTC remains the superior choice for national adoption.
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