The co-founder of Solana, Anatoly Yakovenko, rejects President Trump's plan for a U.S. crypto reserve, citing potential threats to decentralization.
Yakovenko suggests that if a reserve must exist, each individual state should manage its own crypto reserves as a hedge against potential mistakes by the Federal Reserve.
He emphasizes the need for clear, measurable requirements for any reserve and expresses confidence in the Solana ecosystem's ability to adapt to set targets.
Yakovenko highlights the introduction of Bitcoin strategic reserve bills in at least 26 U.S. states, supporting his view on state-managed reserves as a preferable alternative.