Anatoly Yakovenko, the founder and CEO of Solana (SOL), has criticized the idea of establishing a national digital currency reserve in the US, despite Solana being included in Donald Trump’s proposed list. Yakovenko emphasized on social media that his main priority is to avoid creating any reserves. He argues that putting control of digital currencies in the government’s hands could undermine the decentralization principle. If this plan becomes inevitable, Yakovenko suggests delegating the management of digital currency reserves to states to act as a safeguard against incorrect decisions by the Federal Reserve. The Solana founder also calls for the development of clear and measurable criteria for selecting tokens eligible for this plan. He stated that no official representative from Solana has lobbied to include SOL in the national digital currency reserve list.
Solana founder criticizes the US national digital currency reserve plan, emphasizing the importance of avoiding reserves and decentralization.