🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The United States establishes a strategic Bitcoin reserve, opening a new era of digital assets.
The United States Establishes Strategic Bitcoin Reserves: A New Chapter in the Digital Asset Era
On March 6, 2025, U.S. President Trump signed the executive order "Establishing Strategic Bitcoin Reserves and U.S. Digital Asset Reserves," and the next day convened the White House Crypto Summit. This marks a new milestone for the cryptocurrency industry.
Bitcoin Enters the U.S. Strategic Reserve
From the perspective of the U.S. government, the purpose of establishing a Bitcoin strategic reserve is to strengthen and consolidate the United States' dominant position in the global financial system. The executive order clearly states that the U.S. government currently holds a significant amount of Bitcoin, but has yet to formulate relevant policies to leverage the strategic value of these Bitcoins in the global financial system.
There have been several precedents for strategic reserves in American history, including strategic gold reserves and strategic oil reserves. Notably, less than a year after the end of the petrodollar system, the United States established a strategic Bitcoin reserve, indicating that the consensus on Bitcoin as "digital gold" is quite strong.
Strategic Considerations for the U.S. Strategic Bitcoin Reserves
1. Consolidate the financial hegemony of the US dollar
For a long time, the US dollar has dominated the global financial system. However, with changes in the global economic landscape, the rise of emerging economies, and the reshaping of geopolitical dynamics, the dollar's financial hegemony is facing challenges. Bitcoin, as a decentralized digital currency, has unique advantages in global circulation.
If the United States can strengthen the connection between the US dollar and Bitcoin and cryptocurrencies, and take the lead in establishing a Bitcoin strategic reserve, it will help to occupy a commanding position in the crypto space and integrate the crypto market into the US dollar settlement system, thereby consolidating the dollar's position in international financial transactions.
Trump mentioned at the White House cryptocurrency summit that establishing a Bitcoin reserve is akin to creating a "virtual Fort Knox." At the same time, he stated that congressional lawmakers are pushing for legislation aimed at clarifying the regulation of dollar stablecoins and the digital asset market to ensure the long-term stability of the dollar's status.
2. Potential tools against inflation
Theoretically, establishing a strategic Bitcoin reserve can hedge against inflation to some extent. The total U.S. federal government debt has exceeded $36 trillion, reaching an all-time high. The debt-to-GDP ratio continues to rise, reflecting that the rate of debt growth exceeds the rate of economic growth.
Bitcoin, known as "digital gold", may become a potential tool for combating inflation and addressing national debt issues. Due to its fixed total supply, Bitcoin is seen as an ideal asset for hedging against inflation.
Profound Impact on the Cryptocurrency Market
The main content of the executive order
The Minister of Finance needs to establish an office to manage and control the "Strategic Bitcoin Reserve" (SBR) custody account, with funds sourced from Bitcoin seized in criminal or civil cases. Bitcoin deposited into the SBR must not be sold.
The Ministry of Finance needs to establish an office to manage and control the "U.S. digital asset reserve" custodial accounts, with funding sourced from all digital assets except Bitcoin.
The Minister of Finance and the Minister of Commerce need to develop strategies to acquire more government Bitcoin without increasing the budget and without imposing additional costs on taxpayers.
federal-level cryptocurrency-related legislation
Currently, there are three main cryptocurrency-related bills being promoted at the federal level:
Trump stated at the White House cryptocurrency summit that he hopes to sign the USD stablecoin innovation bill (GENIUS Act) before the August recess.
State governments' strategic Bitcoin reserve legislation
In addition to the federal level, some state governments are also actively promoting the legislative process for strategic Bitcoin reserve bills, such as Arizona, Texas, New Hampshire, and Oklahoma. The content of the bills varies by state, for example, Oklahoma proposes to allow the state government to invest 10% of public funds in Bitcoin or digital assets with a market capitalization exceeding $500 billion.
Overall, Trump's strategic Bitcoin reserve executive order is positive in the long run. It provides a friendly policy environment for the cryptocurrency industry, may reduce the selling pressure of Bitcoin in the market, and attract more investors and institutions to pay attention to Bitcoin, and could even inspire other countries to follow suit in establishing strategic Bitcoin reserves.
This decision marks an important turning point in the financial and geopolitical landscape of the 21st century, which may have far-reaching impacts on the global financial system.