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Home Blockchain

USA to become ‘Bitcoin superpower’ as President Donald Trump appears by video at crypto event

by DigestWire member
March 20, 2025
in Blockchain, Crypto Market, Cryptocurrency
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USA to become ‘Bitcoin superpower’ as President Donald Trump appears by video at crypto event
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President Donald Trump delivered what appear to be 2.5 minute prerecorded remarks at Blockworks’ Digital Assets Summit 2025, marking the first time a sitting U.S. president addressed a crypto-focused event.

Trump’s video focused on the pivot in federal policy towards active promotion and strategic management of digital assets, signaling potential long-term implications for regulatory clarity and market confidence.

Trump highlighted the recent “White House Digital Assets Summit,” led by newly appointed White House AI and crypto czar David Sachs, which convened industry leaders to align U.S. digital asset strategy.

The administration’s strategic shift was further crystallized by Trump’s executive order establishing the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. These measures explicitly contrast President Biden’s approach, which Trump criticized as prematurely divesting government digital assets at depreciated valuations.

By referencing the end of “Operation Choke Point 2.0,” Trump framed his administration’s stance as moving beyond mere deregulation toward explicitly ending what he described as regulatory “lawfare.” His pointed reference suggests broader market implications, potentially alleviating institutional hesitancy that previously restrained widespread crypto adoption under perceived regulatory hostility.

Trump also urged congressional action to establish clear, “common sense” regulations, particularly emphasizing the importance of stablecoin legislation and a coherent market structure.

By positioning regulatory clarity as a catalyst, Trump implicitly acknowledged the market’s longstanding request for predictability, historically a critical factor affecting institutional participation and global competitiveness.

 ”You will unleash an explosion of economic growth and with the dollar back stablecoins You’ll help expand the dominance of the US dollar and many many years to come.”

The emphasis on dollar-backed stablecoins suggests a strategic move intended to reinforce the U.S. dollar’s global dominance through digital finance innovations.

Trump’s reference to expanding U.S. economic influence via digital assets subtly evokes historical parallels, hinting at crypto’s role as a potential successor to traditional financial hegemony strategies, reminiscent of historical maneuvers like Bretton Woods.

Addressing summit participants directly as “pioneers,” Trump attributed the sector’s potential economic impact to a distinctly American entrepreneurial ethos, implicitly linking crypto innovation with nationalistic narratives of technological and financial leadership.

This narrative framing aims to resonate with crypto proponents and policymakers, bolstering broader support for federal crypto initiatives and potentially signaling a shift in bipartisan perceptions.

Trump closed his remarks with an ambitious vision: transforming the U.S. into the undisputed “Bitcoin superpower” and global crypto capital.

“Together, we will make America the undisputed Bitcoin superpower and the crypto capital of the world.”

His declaration highlights an emergent federal policy approach, moving beyond passive acceptance toward strategic leveraging of crypto for sustained economic advantage.

Ultimately, Trump’s unprecedented engagement at Blockworks reinforces the turning point in US crypto, one where the government’s role may transition from cautious observer to proactive participant, significantly influencing crypto’s trajectory and reinforcing its integration into the broader financial system.

The post USA to become ‘Bitcoin superpower’ as President Donald Trump appears by video at crypto event appeared first on CryptoSlate.

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