In 2025, President Donald Trump boldly vowed to make the United States the âcrypto capital of the world,â launching what he called a Strategic Bitcoin Reserve and pushing deregulation to draw blockchain pioneers back to American soil.
But now, as the market grapples with volatility, the story isnât just about policy â itâs about whoâs cashing in and whoâs burning.
đ Trump Family Ventures Ride the Wave
Companies linked to the Trump family â notably crypto fintech firm World Liberty Financial â are aggressively expanding. At the global Consensus Web3 conference, World Liberty revealed plans for World Swap, a low-fee forex and remittance platform tied to its stablecoin ecosystem, signaling an attempt to leverage crypto for real-world financial rails.
đ Broader Market and Government Reserve Under Pressure
Despite high hopes, the U.S.âs strategic Bitcoin stash has taken a hit â losing nearly $5 billion amid a wider crypto market downturn. That slump undercuts the narrative of easy triumph and highlights the risks of treating digital assets as national strategic reserves.
đ€Ż Crypto Communityâs Mixed Reaction
Once-enthusiastic crypto investors are now vocal. Social media buzz shows frustration, with some accusing the Trump White House of overpromising and underdelivering â even as certain politically connected ventures reportedly profit handsomely.
đĄ Whatâs Next for Americaâs Crypto Ambition?
With a combination of executive actions, business partnerships, and private venture activity, the Trump administrationâs crypto playbook is reshaping parts of the industry. But a volatile market and rising skepticism underscore that being the worldâs crypto capital is a much harder title to earn than to proclaim.