Made in the United States equals financial password? Take stock of five popular related currencies

Trump recently said that the United States will consider establishing a "strategic cryptocurrency reserve" in the future, including BTC and ETH. It is not surprising, but it is worth noting that SOL, XRP and ADA are also included. The overall crypto market surged, and the "three American heroes" SOL, XRP and ADA were the "three American heroes", which gave the overall crypto market a shot in a sluggish period, but unfortunately it was not sustainable. The overall market fell back to the starting point of $83,000 of Bitcoin before Trump's voice.

The currency market in the past few days is like a roller coaster, with a surge in price. Trump's speech has a profound impact on the currency price, but in fact, the more important concept conveyed behind it is that the United States is preferred. Trump's concept of US priority is not only applicable to the currency circle, but runs through his presidential core goals. From conversations with Zelensky and asking TSMC to increase investment in the United States, they are all actions born out of the logic of US priority.

Back to the currency circle, I believe that when Trump makes remarks related to cryptocurrencies in the future, he will still focus on the premise of "US priority". Therefore, this article will take stock of five currencies closely related to the United States and ambush projects that may benefit from political dividends in the future.

Chainlink (LINK)

Chainlink is currently the most mainstream decentralized oracle in the field of encryption. It was founded by a US team and provides a major infrastructure for off-chain data on the blockchain. Recently, Chainlink and US securities custody and settlement company DTCC jointly completed a fund tokenization experiment called Smart NAV, including ten large American financial institutions including Chainlink and JPMorgan Chase, successfully publishing the key data of mutual funds to the blockchain through the Chainlink cross-chain interoperability protocol CCIP.

This experiment proves that traditional financial data can be seamlessly connected to blockchain through Chainlink, paving the way for the future tokenization of large-scale assets. As American financial institutions begin to embrace blockchain technology, Chainlink, as the leader of oracle, will become a bridge connecting the traditional finance and the crypto world.

In addition to linking with traditional American finance, Chainlink also frequently participates in US policy dialogue. At the end of February this year, the team held a private meeting in Washington, the US capital, to invite U.S. government representatives to discuss the impact of blockchain on the future of the financial system. This also means that Chainlink has room for dialogue with senior U.S. government officials, and its connections are different from other currency projects in terms of strength.

In addition, Chainlink has also announced a cooperation with World Liberty Financial, a DeFi project supported by Trump, to use its oracle technology to provide on-chain data and cross-chain.

As one of the most important infrastructure in the currency circle, LINK itself has stronger practical applications with other projects. In addition, whether it is the connections of the US government and the adoption of traditional finance, Link's status as an "American" infrastructure currency is difficult to shake.

• Market value: 8,789,128,324
• Market value ranking: 16
• The rise and fall in the past 30 days: -39.5%

Ondo Finance (ONDO)

Ondo Finance is the leader in the RWA track today. Its main function is to open US Treasury bonds and tokenize them, so that crypto users can also enjoy the yield on US Treasury bonds.

Pantera, a well-known crypto investment institution, pointed out that tokenization platforms like Ondo are competing head-on with Wall Street institutions such as Franklin Templeton and BlackRock, trying to bring US Treasury bonds of more than $20 trillion to blockchain.

In fact, Ondo has launched an on-chain US short-term Treasury fund product called OUSG, with an asset management scale of approximately US$229 million, and has partnered with BlackRock and Securities to introduce OUSG into the DeFi ecosystem.

In addition to working with traditional asset management companies, Ondo Finance recently partnered with credit card giant Mastercard to become the first service provider on its multi-token network (MTN) to provide tokenized physical assets. This collaboration allows institutions and businesses to directly invest in U.S. short-term Treasury bonds through blockchain to earn stable daily returns. For U.S. investors, ONDO's appeal is that it combines the robustness of traditional U.S. fiscal tools such as Treasury bills with the efficiency of cryptocurrencies, which means that Ondo not only has innovative technical solutions, but also has the support of traditional financial giants.

In terms of regulation and government-friendly, the new SEC chairman, Paul Atkins, who was nominated by Trump, served on the Board of Consultants of Securities, which is the company that has partnered with BlackRock and Ondo to promote securities tokenization. This connection makes the market expect that in the future, US regulators will be more open to compliant tokenized businesses like Ondo.

At the same time, Ondo is also a DeFi project supported by Trump, WLFI (World Liberty Financial) to purchase tokens. It currently holds 340,000 Ondos, with a total value of about $316,000.

As the leader of RWA, Ondo is the dominant TVL in data. Whether it is closely related to traditional finance and the US government, it is one of the few currencies held by WLFI. Ondo's "Made in the United States" is difficult to deny.

• Market value: 2,896,135,618
• Market value ranking: 40
• The rise and fall in the past 30 days: -31.1%

Hedera Hashgraph (HBAR)

Most users are relatively unfamiliar with HBAR. It is an old project in the previous cycle. It was founded in 2018 and was founded by Dr. Leemon Baird and Mance Harmon. The main network was launched in 2019. It is an old public chain. It was mainly operated at the time with low energy consumption and environmental protection. Hedera has also attracted many well-known Web 2 partners and customers, such as Google, IBM, Boeing, LG, Tata, etc., and recently announced its entry into the RWA market and launched an open source toolkit for configuring, issuing and managing tokenized bonds and stocks on the Hedera network.

In terms of RWA applications, they launched the DOVU carbon rights trading platform, which can tokenize credit lines and convert them into crypto assets, making it available to businesses, governments and individuals.

FedNow, the Federal Reserve’s instant payment system, will include Dropp, a micro-payment platform based on the Hedera network, as a service provider in 2023. Dropp enables merchants to accept small payments and supports the use of HBAR as transaction currency. It is even included in part of the official payment ecosystem. After the news came out, HBAR prices rose sharply, reflecting the market's optimistic expectations for Hedera's official relationship with the United States. In addition to FedNow, HBAR is also seen as one of the currencies that may benefit from improved regulatory environment in the United States.

The team attached importance to compliance from the beginning and clearly stated that it hoped to cooperate with regulators to develop tools to assist companies in fulfilling their consumer protection and regulatory compliance obligations. Thanks to the participation and support of large American companies, HBAR is regarded as one of the most "US concept" cryptocurrencies. It is generally believed that in the U.S.-friendly policy environment, Hedera will have easier access to institutional adoption opportunities. For example, some analysts pointed out that the US SEC is very likely to release multiple crypto spot ETFs including HBAR, which will become a catalyst for the development of the Hedera ecosystem.

• Market value: 9,568,963,706
• Market value ranking: 13
• The rise and fall in the past 30 days: -19.5%

Stacks (STX)

Stacks’ relationship with the United States can be traced back to its founding stage: As early as 2019, Stacks (formerly known as Blockstack) was the first crypto token project in US history to be issued to the public with the SEC compliance approval, creating the first case of crypto projects compliant fundraising.

This means that STX has maintained a high degree of compatibility with the US regulatory system since its inception and is hailed by the industry as a "positive textbook" compliance model. From a technical perspective, Stacks brings the smart contract function to the Bitcoin ecosystem, allowing users to perform DeFi, NFT and other applications based on the security of Bitcoin. As several U.S. states discuss incorporating Bitcoin into fiscal reserves and federal focus on Bitcoin applications, projects like Stacks that emphasize combinations with Bitcoin may benefit from the attention brought about by Bitcoin’s status improvement.

The Trump administration’s friendly policies may encourage more innovative projects to develop in compliance in the United States, which is exactly the route Stacks has been taking. Due to its compliance background and technical characteristics, STX just enters the two key points of the current US crypto narrative: legitimacy and Bitcoin ecology.

• Market value: 1,030,949,384
• Market value ranking: 83
• The rise and fall in the past 30 days: -43.1%

Stellar (XLM)

Stellar is a blockchain platform focusing on cross-border payments and asset transfers, and its features are its extensive cooperation in the US financial circle. Among them is the asset management giant (Franklin Templeton launched an innovative fund in 2021 - the first mutual fund approved by U.S. regulators to use public blockchain to process transactions and record shares.

The fund uses the Stellar blockchain to record shares and rebalance its portfolio, which includes low-risk U.S. government securities. In other words, XLM assisted Wall Street traditional investment products on and maintain operations, demonstrating its feasibility in the field of compliant finance. Not only that, the Stellar Development Foundation (SDF) is also quite active in American politics. They have many connections in Washington, DC and are actively involved in Congress Villa lobbying and discussions on the crypto and stablecoin bill.

Therefore, if the United States launches a favorable regulatory framework or incorporates blockchain into its financial infrastructure, the market attention and chances of benefiting XLM will also increase significantly.

• Market value: 8,677,224,786
• Market value ranking: 17
• The rise and fall in the past 30 days: -27.5%

Conclusion: The currency circle is moving towards a narrative melody made

in the United States

From Trump's order to the gradual warming of the US regulatory trend, "Made in the United States" cryptocurrencies are quietly becoming the new focus of the market. Chainlink, Ondo Finance, Hedera Hashgraph, Stacks and Stellar, these five tokens have their own characteristics. Some connect traditional finance, some promote assets on the chain, some gain recognition from enterprises and governments, and some give new functions to Bitcoin. If the United States continues to release favorable policies in the future, these American concept coins may usher in a wave of capital.