Following recent market movements, the cryptocurrency assets held by the US government attracted attention.
According to the data, the total value of US crypto assets stands at $24.29 billion, the vast majority of which is Bitcoin, with 198,022 BTC worth approximately $23.44 billion.
The government’s portfolio also includes 347.44 million USDT, 59,951 ETH ($273.6 million), 750.7 WBTC ($88.81 million), 40,293 BNB ($33.93 million), and various altcoins.
The full list of US altcoin holdings is as follows:
Tether (USDT) – $347.45 million
Ethereum (ETH) – $273.60 million
Wrapped Bitcoin (WBTC) – $88.81 million
Binance Coin (BNB) – $33.93 million
Wrapped Ethereum (WETH) – $23.75 million
Wrapped BNB (WBNB) – $18.66 million
Binance USD (BUSD) – $13.49 million
Aave USDC (AUSDC) – $13.47 million
USD Coin (USDC) – $11.57 million
Dai (DAI) – $8.66 million
Tron (TRX) – $5.47 million
Uniswap (UNI) – $3.29 million
Chainlink (LINK) – $2.26 million
Render Token (RNDR) – $1.05 million
Aave (AAVE) – $1.04 million
The Sandbox (SAND) – $954.07 thousand
Band Protocol (BAND) – $724.19 thousand
Shiba Inu (SHIB) – $709.82 thousand
FTX Token (FTT) – $503.74 thousand
Maker (MKR) – $460.42 thousand
Nexo (NEXO) – $440.15 thousand
Kyber Network Crystal (KNC) – $303.81 thousand
Mask Network (MASK) – $165.94 thousand
iExec RLC (RLC) – $145.44 thousand
Curve DAO Token (CRV) – $143.68 thousand
Aergo (AERGO) – $118.94 thousand
Power Ledger (POWR) – $106.74 thousand
US Treasury Secretary Scott Bessent recently made it clear to Fox Business that the government will not be purchasing Bitcoin to add to its existing reserves.
Related News
US Treasury Secretary Scott Bessent Makes Additional Bitcoin Statements – He Had Spoken Negatively Today
“We will not buy,” Bessent said, adding that the strategic Bitcoin reserve, put in place by President Donald Trump in March, will only be increased through legal seizures.
For months, the Trump administration has been touting the possibility of the government purchasing Bitcoin. This prospect excited investors, anticipating both the potential legitimacy it could provide to the cryptocurrency in the eyes of the government and the potential deflationary impact of large-scale purchases on Bitcoin’s price. However, Bessent’s latest statement has put that hope on hold for now.
*This is not investment advice.