ChainCatcher news, according to Cryptoslate, the elected President Trump plans to establish a Strategic Bitcoin Reserve (SBR) through executive order, intending to use the Treasury's Exchange Stabilization Fund (ESF) to purchase Bitcoin. The ESF is typically used to address financial crises, with total assets exceeding $200 billion as of October 2024. If implemented, this plan would position the United States as a leader in the global Bitcoin reserve race.
At the same time, several states in the U.S. have begun to push for Bitcoin reserve legislation, including Pennsylvania and Texas. Additionally, countries such as Brazil, Poland, and Japan are also discussing proposals for establishing national Bitcoin reserves.