The U.S. Now Has A Pro-Crypto President (With His Own Meme Coin), And U.S. National Digital Asset Reserve Is Looking Likely

The first month of 2025 brought us many surprises. 

The U.S. President launched his own memecoin just before his inauguration, signed the first-ever crypto executive order, and pardoned Silk Road creator Ross Ulbricht. 

What a way to start a presidency! 

Before Donald Trump became President, he launched his own memecoin 👀

I’m not gonna lie; I didn’t have this headline on my bingo card before inauguration day! 

However, it’s Donald Trump, and we’ve seen in the past that he’s anything but conventional. 

Just a few days before his inauguration, President Trump decided to show his enthusiasm for the digital asset ecosystem. 

While he was very vocal about a strategic Bitcoin reserve (more on that in a second), his involvement in crypto has so far been limited to dropping an NFT collection and launching a DeFi project called World Liberty Financial.

This all changed when the Trump team announced the launch of his very own memecoin, called $TRUMP. 

He announced it on his social media accounts in typical Trump fashion and urged followers to join. 

Within 48 hours, the token reached a market cap of over $15 billion and quickly emerged as the best-performing token launch on Solana in recent months. 

In typical meme coin fashion, the price shot up and then dropped again. Meme coins aren’t my cup of tea, but for the people who are into them, I am sure it was an exciting ride. 

But the more important takeaway from Trump’s meme coin launch (Melania did one too, btw) was the fact that he’s getting involved in crypto and has skin in the game, which means he will push for crypto-friendly regulations like he promised he would. In fact, he already is! 

Will the first-ever crypto Executive Order be the start of a strategic U.S. crypto reserve? 🧐

For the past couple of months, you couldn’t go anywhere without hearing about the potential strategic Bitcoin reserve. President Trump was very vocal in Nashville in July and urged everyone to support him so he can make the crypto ecosystem even better. 

Now that he’s back in office, many industry leaders are eager to see whether he’s keeping this promise. 

And, oh boy, he didn’t wait long to give us an answer to this! 

On January 23, the President signed the first-ever crypto Executive Order and doubled down on his promises to make the U.S. the crypto and AI hub of the world. 

In order to get this done, his Executive Order dismissed the previous EO, and it demands the following changes: 

• The establishment of the President‘s working group on digital asset markets.

• Within 180 days, this working group needs to submit a dedicated strategy. 

• An assessment of establishing a national crypto stockpile with strategic reserves. 

• There will be no CBDC.

• The establishment of a Federal framework to regulate digital assets. 

This executive order sent a very strong signal, which President Trump emphasized even more in his WEF speech a few days later, where he said that digital assets have emerged at an interesting time in history, and given that the market is already established in the U.S., he would consider it a shame if the government banned or restricted them. 

The most important aspect of this EO is the potential establishment of a national crypto stockpile. 

While some Bitcoiners might roll their eyes now, as they were anticipating a Bitcoin-only reserve, I’m here to tell you that this could still happen. 

If you read the fine print and details of the Executive Order, you’ll quickly realize that there are only really two options for that reserve. 

• Either you go with stablecoins, which are highly useful but don’t help pay off the debt, which is the goal the Trump administration had in mind with such a stockpile. 

• Or you can choose Bitcoin, which–as far as I’m concerned–is the ultimate treasury reserve asset. 

Only time will tell in which direction we’re going or if we may even see a split between two stockpiles, one with altcoins and the other Bitcoin-only. 

Nevertheless, the working group has now less than 180 days to figure this out. One thing is certain, though: 

Bitcoin and digital assets have made it to the White House and are here to stay! If anything, this could be the beginning of something very big. 

Donald Trump kept his promise and pardoned Ross Ulbricht ⛓️‍💥

Can you imagine how much the world changed since 2013? For most of us, this isn’t something we think about. However, it’s something Ross Ulbricht is probably realizing now. 

In case you didn’t know, in 2011, he founded Silk Road, an online marketplace where you could buy or sell anything. And I mean anything!  

The Silk Road marketplace represents an ideal in some pockets of the Bitcoin community because it was one of the first commercial enterprises that used Bitcoin. 

Ross is a Libertarian and believes in open and free markets, so everything under the sun was sold on the dark web marketplace (including illicit goods like drugs).

He wasn’t in charge of what people offered but embraced the idea that anyone could become a buyer or seller. This is why Bitcoin was such a great fit, as it also embraces free markets and individualism. 

However, due to the illegal substances and items sold on the marketplace, which attracted the attention of the FBI, Ross was inevitably arrested and charged with two life sentences plus 40 years without parole. 

The best chance for Ross Ulbricht to get out of this sentencing was a pardon by the President. 

In July last year, Donald Trump took the stage at the Libertarian convention and promised to free Ross on day one in office. 

Fast-forward a few months, and the 47th President of the United States kept that promise. Late on January 21, Ross was given a full pardon and released from prison. 

Your fellow stacker in sats, 

Patrick Lowry