With a recent announcement by President Donald Trump signaling a shift in how governments view digital assets. Trump has proposed establishing a “Crypto Strategic Reserve” in the United States, aiming to position the country as a global leader in cryptocurrency adoption.
The US President’s Working Group on Digital Asset Markets, formed through an executive order, plans to include five prominent cryptocurrencies in this strategic reserve. These cryptocurrencies represent some of the most significant and promising digital assets in the market, including Bitcoin, Ethereum, XRP, Solana, and Cardano.
The question for many people remains whether crypto may still make such a list if more cryptos are to be added: someone thinks it is Internet Computer’s ICP.
ICP Technology Fits Perfectly for a Strategic Reserve
YouTube content creator Jerry Banfield, who has over 45,000 subscribers, shared an analysis of the potential implications of this crypto strategic reserve, with a particular focus on the Internet Computer Protocol (ICP).
Banfield argues that ICP offers unique advantages that set it apart from other cryptocurrencies in the potential strategic reserve. Unlike many other cryptocurrencies that simply sit and hope for price appreciation, ICP provides tangible utility and governance opportunities.
ICP offers a Network Nervous System, which allows token holders to actively participate in network governance. Stakers can earn 13.7% annual percentage rate (APR) while gaining voting power to influence network decisions. This includes voting on node providers, determining code execution on the network, and removing specific nodes or software.
Banfield highlights ICP unique technology that offers freedom from dependence on external hosting services like Amazon Web Services, Microsoft Azure, and Google Cloud. This sets ICP apart from other cryptocurrencies that rely heavily on third-party infrastructure.
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The ICP token demonstrates remarkable economic characteristics. With an inflation rate of less than 3% per year and a staking return of 13.7%, it presents an attractive option for a strategic reserve. The real supply has grown minimally, from around 500 million to 530 million tokens in a year.
For organizations and governments looking beyond mere price speculation, ICP offers a strategic asset with genuine technological utility. The ability to not just hold cryptocurrency but to actively participate in its governance and earn returns makes it an intriguing option for the proposed US Crypto Strategic Reserve.
The YouTuber won’t be surprised if the token is part of the next group of cryptos that will be announced for this purpose. According to him, Internet computer technology stands out and favors this course perfectly.
