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Solana's Founder Doesn't Want a U.S. Crypto Reserve
Despite SOL being floated as a likely inclusion, Anatoly Yakovenko isn't interested in a crypto reserve.
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Solana co-founder Anatoly Yakovenko has expressed skepticism over a proposed U.S. crypto strategic reserve, warning that it could undermine decentralization. He suggested that if a reserve is necessary, it should be based on clear, measurable requirements, and suggested that Solana could meet any such benchmarks.
What’s the Scoop?
- Skeptical of U.S. Reserve: Yakovenko voiced concerns that a U.S. crypto strategic reserve might threaten decentralization, advocating for no reserve involvement.
- State-Level Management: Yakovenko suggested that individual states could manage reserves to hedge against potential federal missteps.
- Clear Criteria Necessary: If a national reserve is inevitable, Yakovenko emphasized the need for objectively measurable requirements that Solana could potentially fulfill.
My reserve order of preference
— toly 🇺🇸 (@aeyakovenko) March 6, 2025
1. No reserve, because if you want decentralization to fail you’d put the government in charge of it.
2. Or states run their own reserve as a hedge against the fed making a mistake
3. Or if there has to be a reserve, it’s based on objectively… https://t.co/LfYXCIeRnG