Cardano Founder Reveals Why U.S. Government Is Planning to Hold ADA in Stockpile

Charles Hoskinson highlights key features that prompted the United States government to add Cardano (ADA) to its digital asset stockpile initiative

He revealed this while weighing in on the ongoing debate about whether Cardano should be considered sound money, following the U.S. government’s decision to include it in its digital asset stockpile

For context, the Trump administration announced plans to establish a Strategic Bitcoin Reserve (SBR) alongside a broader digital asset stockpile in March.

He noted that this level of stability is what prompted the United States government to include ADA among the cryptos it intends to hold in its digital asset stockpile

In addition, Hoskinson believes that these qualities also appeal to major institutional players, who increasingly view Cardano as one of the blue-chip assets in the crypto industry

Mechanism for Cardano Adoption Remains Unclear

While the U.S. government has confirmed plans to include Cardano in its forthcoming digital asset stockpile, the exact mechanism for doing so remains unclear

According to an executive order, the reserve will be established using assets obtained through civil or criminal forfeitures, rather than new acquisition via taxpayer funds

Data from Arkham Intelligence indicates that the blockchain wallet linked to the U.S. government currently holds more than $24.64 billion in seized cryptocurrencies. However, ADA is not among these holdings

Meanwhile, the address contains over $360 million worth of stablecoins, prompting speculation that the government could convert a portion of these funds into ADA. However, it remains uncertain whether the United States will adopt this mechanism