During a White House press conference on June 27, 2025, President Donald Trump said that the growing adoption of Bitcoin « takes a lot of pressure off the dollar » and has a positive impact on the US economy. He argued that broader cryptocurrency adoption can create jobs and contribute to economic resilience during downturns. In March 2025, Trump signed an executive order establishing a Strategic Bitcoin Reserve, utilizing forfeited Bitcoin already held by the Treasury Department. The administration is also pushing broader digital-asset legislation, including stablecoin frameworks and bills like the GENIUS Act, with the goal of establishing the US as a « crypto superpower ».
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