A report written by VanEck's Head of Digital Asset Research, Matthew Sigel, evaluates the experiences and positive impacts of this Central American country regarding Bitcoin. The report indicates that by 2024, nearly 8% of Salvadorans will be using Bitcoin for transactions, which is a 'significant step' for a country that traditionally has a low adoption rate of electronic payments. Additionally, the country's Bitcoin reserves have accounted for 1.6% of GDP. VanEck's analysis suggests that, given Trump's strong support for Bitcoin and the focus on repatriation and supply chains, El Salvador may become a strategic partner for the United States in establishing regional alliances.