Cryptocurrency Reserve refers to the allocation of specific cryptocurrencies that a company, organization, or individual holds as a store of value or as part of a financial strategy. This reserve can be utilized to stabilize the value of a cryptocurrency, support operations, or enable liquidity in the market. It serves as a safeguard during volatile price fluctuations and may be used to back the issuance of stablecoins or other digital assets. The reserve can consist of well-established cryptocurrencies like Bitcoin or Ethereum, or a mix of various tokens depending on the strategy behind the reserve management. The concept underscores the importance of having a reliable fallback to ensure the sustainability and trustworthiness of cryptocurrency-related ventures.
Donald Trump signs an executive order to create a U.S. strategic cryptocurrency reserve with 198,000 confiscated bitcoins, valued at $17 billion, aiming to strengthen America's position in the digital currency…