Coinbase, Gemini CEO throws support behind Bitcoin-only US crypto reserve

Brian Armstrong and Tyler Winklevoss say that Bitcoin is a clear “successor to gold,” making it most suitable for inclusion as a US reserve asset.

The CEOs behind crypto exchanges Coinbase and Gemini argue that Bitcoin may be the only cryptocurrency that meets the criteria for being a US reserve asset.

“Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,” Gemini’s Tyler Winklevoss said in a March 3 X post after US President Donald Trump announced plans to establish a Crypto Strategic Reserve.

Trump said the Crypto Strategic Reserve would include Solana (SOL), Cardano (ADA) and XRP (XRP) in addition to Bitcoin (BTC) and Ether (ETH).

Read more