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Offchain Labs CEO: US crypto reserves should only be Bitcoin, other cryptocurrencies have the risk of artificial promotion
2025-03-07 19:50

Odaily News Offchain Labs CEO Steven Goldfeder said that the U.S. cryptocurrency reserves should focus only on Bitcoin, at least for now, despite calls from some, including Trump, to include other cryptocurrencies. Goldfeder believes that Bitcoin has stood out in a generally accepted way, and focusing on Bitcoin is the cleanest and easiest move. There are dangers in allowing other assets to be included in reserves because regulators do not know the complexity of all cryptocurrencies, nor do they know who is pushing each cryptocurrency to be included in the market. (The Block)