【Trump may use the US Treasury's $200 billion foreign exchange stabilization fund to establish a Bitcoin reserve】
On December 17, news reported that President-elect Trump plans to establish a Strategic Bitcoin Reserve (SBR) through an 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 US at the forefront of the global Bitcoin reserve competition.
At the same time, multiple states in the US have begun to promote Bitcoin reserve legislation, including Pennsylvania and Texas. Additionally, countries such as Brazil, Poland, and Japan are also discussing proposals to establish national Bitcoin reserves.
