U.S. President Donald Trump signed an executive order to establish the Presidential Digital Asset Market Working Group to study the creation of a "National Strategic Digital Asset Reserve." Although the order does not specifically mention which cryptocurrencies will be included in the reserve, renowned analyst Scott Melker revealed that XRP may be evaluated alongside Bitcoin (BTC) for inclusion in the strategic reserve. Ripple CEO Brad Garlinghouse also supports the establishment of a U.S. reserve that includes a variety of cryptocurrencies for diversification.