Offchain Labs CEO: The US cryptocurrency reserve should only be Bitcoin

ChainCatcher news, Offchain Labs CEO Steven Goldfeder stated that the U.S. cryptocurrency reserve should currently focus solely on Bitcoin.

Goldfeder believes that Bitcoin has emerged in a universally accepted manner, and focusing on Bitcoin is the cleanest and easiest move. He mentioned that allowing other assets into the market poses risks, as regulators do not understand the complexities of all cryptocurrencies, nor do they know who is driving each cryptocurrency's inclusion in the market.

Furthermore, if the U.S. establishes a reserve focused on U.S. cryptocurrencies, Steven Goldfeder believes that Arbitrum's native token ARB should be at the top.