Under Texas’ law to establish a strategic crypto reserve, assets must have had a $500 billion market cap for 24 months, making Ether the next likely contender after Bitcoin.
This year, Texas’ legislature passed a law to establish a strategic Bitcoin reserve in the state, opening the door for other cryptocurrencies in the future. According to the original sponsor of the bill, Ether could be the next reserve asset.
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Source: Cointelegraph | Published: 2025-10-10T19:50:00Z
Credit: Cointelegraph
