Circle CEO: Expresses skepticism about Trump using BTC as a reserve currency

ChainCatcher news, according to CoinDesk, Circle CEO Jeremy Allaire stated in an interview with CNBC that cryptocurrency is already a "purple" issue, or a bipartisan concern, but more action is needed to solidify this status; otherwise, the U.S. will miss the opportunity to lead in this field.

Jeremy Allaire mentioned that Trump himself may not have a deep understanding of cryptocurrency issues, but the people and advisors around him have a fairly profound insight into the relevant matters. Furthermore, although the crypto community speculates that Trump might support some bold initiatives, such as making Bitcoin a national reserve currency for the U.S., Jeremy Allaire seems skeptical about the likelihood of Trump committing to these ideas.