India is being encouraged to join the global crypto reserve trend. Financial expert Aravind has called on the Reserve Bank of India (RBI) to allocate $10 billion of the country’s foreign exchange reserves into major digital assets, including Bitcoin (BTC) and XRP, echoing a similar move by the United States.

A Strategic Shift in Reserve Management

Aravind recommends that India establish a strategic crypto reserve under the direct control of the RBI. He suggests starting with a modest $10 billion allocation—a small fraction of India’s $650+ billion Forex reserve—spread across BTC, XRP, ETH, and SOL.

He argues that rather than inventing a new model, India could mirror the U.S. structure, which is already being implemented following a directive from President Donald Trump.

Why $10 Billion Is “No Big Deal”

While the figure may appear bold at first glance, Aravind insists that $10 billion is a conservative starting point. He proposes funding the reserve by converting a portion of India’s Forex holdings, especially those tied up in fiat currencies likely to weaken over time.

This approach, he believes, would future-proof India’s reserve strategy in a rapidly digitising global financial landscape.

The U.S. Example: Leading the Way

The U.S. crypto reserve initiative, announced via an executive order, aims to create two separate holdings: one exclusively for Bitcoin, and another for altcoins. Interestingly, the reserve is being built from forfeited crypto assets, not public funds.

Currently, the U.S. government’s blockchain wallet holds over $17.1 billion in digital assets, with Bitcoin alone accounting for $16.73 billion.

Global Reactions: Mixed Signals

The U.S. move has stirred debates worldwide. While South Korea and Japan have dismissed the idea of holding Bitcoin as a national reserve, countries like Brazil view it as an essential hedge and a tool for economic resilience.

Aravind hopes India won’t lag behind in this global shift and believes embracing crypto in reserves could strengthen India’s digital economy and diversify national wealth holdings.

As crypto becomes increasingly entwined with geopolitics and monetary strategy, India’s next move could signal its long-term stance in the emerging digital financial order.