Trump framed the creation of a U.S. Crypto Reserve as a response to what he described as “corrupt attacks” on the crypto industry by the previous administration

Quotes that support claims

"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA," Trump stated. "I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!"

He framed the initiative as a countermeasure to what he called “corrupt attacks” on the cryptocurrency industry under the Biden administration.