US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR) using the Treasury's Exchange Stabilization Fund.
The fund, which has over $200 billion in assets, can be used to stabilize the dollar by buying currencies like Bitcoin.
The concept of a Strategic Bitcoin Reserve has gained traction globally, with several US states and countries like Brazil and Japan exploring the idea.
While some see it as a recognition of Bitcoin's role in shaping future financial systems, concerns about centralization of Bitcoin's supply into corporate reserves exist.