According to BlockBeats news, on December 18, CITIC Securities suggested that Trump may create a “Cryptocurrency Advisory Committee” and consider using Bitcoin as a U.S. strategic reserve asset. Although the U.S. Congress might advance the Bitcoin reserve plan, the process is expected to be slow and bumpy, with limited impact on the global U.S.

dollar reserve currency system. Cryptocurrency payments, particularly stablecoins, are anticipated to be promoted for cross-border payments. Since the Republicans won both houses of Congress and Trump expressed opposition to the digital dollar during the election, it is unlikely the Federal Reserve will launch a digital dollar during Trump’s term.

The Fed will continue to focus on traditional economic indicators and cryptocurrency, with limited impact on its monetary policy. During the Trump 2.0 era, cryptocurrencies may amplify the volatility of the US stock market and trigger a redistribution of liquidity among different assets. Cryptocurrencies will play a more important role in overseas asset allocation portfolios, and U.S.

cryptocurrency-related targets may benefit from policy dividends.

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