As part of a broader agenda to overhaul the United States’ financial infrastructure, Donald Trump has set an ambitious target: transform what many analysts describe as an “ancient” legacy system into one powered by digital assets and crypto‑rails by 2028. But halfway through the mandate, how much progress has been made — and what obstacles remain?

What’s on the table

Early in 2025, Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology” which created a Presidential Working Group on Digital Asset Markets and prohibited the issuance or promotion of a U.S. central bank digital currency (CBDC).
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Later, in March he established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile – positioning digital assets such as Bitcoin (BTC) as part of the national reserve strategy.
The White House
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Then, in July 2025, Trump signed the GENIUS Act, the first federal legislation setting a regulatory framework for stablecoins in the U.S.
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These moves signal a shift from the previous administration’s cautious or even adversarial approach, toward one where crypto is embedded in the architecture of U.S. finance and national strategy.