Establishing a US crypto reserve: a "virtual Fort Knox for digital gold" to undercut BRICS efforts at creating an alternative currency

On March 6, 2025, US President Donald Trump signed an executive order to create a strategic reserve of Bitcoin, the most popular cryptocurrency, and a day later held a crypto summit with the participation of leading companies in the industry.

Compared to the world's most fortified military base, which occupies 44 thousand hectares (108 thousand acres) in Kentucky, Donald Trump said on March 7 that the United States' strategic cryptocurrency reserve "will be a virtual Fort Knox for digital gold."

The Trump team intends to create a national crypto reserve as a strong defense mechanism against domestic inflation and global economic instability, providing a more stable financial base for the United States.