President Donald Trump throws his support behind the creation of a Federal Reserve of Cryptocurrency assets – which initially emphasized XRP, Solana and Cardano for inclusion, and then added Bitcoin and Ethereum.

In January, Trump had a Executive order appealing to the formation of a working group that would study and make recommendations on crypto policy, including “the potential creation and maintenance of a national digital asset.”

The working group was supposed to represent ‘criteria for the establishment of such a stock’, which ‘can potentially be derived from cryptocurrencies that the federal government legally seized through its law enforcement efforts.’

In A post This morning on his social network Truth Social, Trump seemed to go further, making it clear that he wanted to see the reserve become a reality.

“An American crypto reserve will increase this critical industry after years of corrupt attacks by the Biden Administration, which is why my executive order on digital assets has ordered the presidential working group to move forward on a crypto strategic reserve that includes XRP, Sol and Ada,” Trump wrote. “I will make sure the US is the crypto capital of the world.”

From publication time on Sunday morning, the prices of all three cryptocurrencies mentioned in Trump’s post increased by 20% or more. Then he wrote in a follow -up mail“And of course, BTC and ETH, as other valuable cryptocurrencies, will be the heart of the reserve. I also love Bitcoin and Ethereum! “

As Trump acknowledged in his post, his executive order aimed to undo the crypto regulatory framework implemented by former President Joe Biden.

Under the Trump Administration, the Securities and Exchange Commission took a friendlier, deregulating attitude towards the industry, The lawsuit rejects against Coinbase and states that memecoins are not securities. (The value of Trump’s own $ Trump coin has dropped since its inauguration.)

Trump also signed an executive order asking to create a US Sovereign Wealth Fund, which he believes can be used to buy tapping.

This message has been updated to reflect Trump’s follow -up message in which Bitcoin and Ethereum are called.