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

Offchain Labs CEO Steven Goldfeder stated that the U.S. cryptocurrency reserves should, at least for now, only focus on Bitcoin.

Goldfeder believes that Bitcoin has emerged in a universally accepted way and focusing on it is the cleanest and easiest move. He said there are risks in allowing other assets into the market because regulatory bodies do not understand the complexity of all cryptocurrencies nor know who is pushing each one to be included in the market.

Furthermore, if the United States were to establish a reserve focused on American cryptocurrencies, Steven Goldfeder thinks Arbitrum's native token ARB should be at the top of the list.