The Shiba Inu ecosystem team expects the United States government to include SHIB and BONE alongside other established crypto assets in the national digital asset reserve.
Yesterday, U.S. President Donald Trump provided an update on the highly anticipated digital asset strategic reserve. Contrary to earlier speculation, Trump ordered the creation of a multi-asset reserve featuring established cryptos such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP (XRP).
Shiba Inu Team Reacts
Following the order, Lucie, the marketing lead of the Shiba Inu ecosystem, commended the initiative and characterized it as great news for crypto.
Notably, Lucie expects the U.S. government to extend its benevolence to Shiba Inu ecosystem tokens, particularly SHIB and BONE, hoping for their future inclusion in the digital asset reserve.
Great news for crypto!
Hopefully, in the near future, we will see SHIB and BONE join this list. pic.twitter.com/Nv9tEVUrps
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 2, 2025
For context, the national crypto stockpile will function like other reserves the United States owns.
It requires the U.S. to acquire a specific amount of the named crypto assets and hold them for a set period. This action confers legitimacy and credibility on the supported cryptocurrencies, potentially driving their value.
Crypto Czar Says More to Come
In the meantime, it is unclear whether the United States will include other cryptocurrencies in the reserve digital asset reserve.
However, David Sacks, White House AI & Crypto Czar, suggested that the Presidential Working Group on Digital Assets will share additional details about the crypto reserve at an upcoming summit, saying ‘more to come.’
Notably, Trump and the presidential group will address industry stakeholders in an inaugural Crypto Summit on March 7. They will shed more light on the digital asset reserve and possibly reveal whether plans are in progress to expand the list of supported tokens.
Team Pushes for More SHIB Credibility
Meanwhile, the Shiba Inu community has been pushing for initiatives to help the cryptocurrency gain more credibility. Last week, the team behind the project embarked on a campaign to entice prospective issuers into filing for spot ETFs tied to Shiba Inu.
This comes after several asset managers submitted ETF applications for crypto assets, such as SOL, XRP, and ADA. Meme-based cryptocurrencies like Dogecoin, Bonk, and Official Trump also have pending ETF applications with the SEC.
Despite the numerous filings, Shiba Inu has yet to see a single application linked to SHIB, prompting the community to demand one.
Interestingly, Shiba Inu currently has a better chance of being approved for an ETF. As previously reported, the SEC declared that meme coins, like Shiba Inu, are not securities, ending any regulatory uncertainty surrounding the token.
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