will trump incorporate crypto into the august 1st payments?

The likelihood of Trump incorporating crypto into the August 1st payments is low to moderate, based on the current policy trajectory and the timing of the executive order. Here’s a detailed analysis:

1. **Trump's Pro-Crypto Stance**: Trump has signaled a shift towards a pro-crypto stance, with recent executive orders and legislative actions aimed at supporting the digital assets industry. The signing of the GENIUS Act and the establishment of a Strategic Bitcoin Reserve indicate a growing alignment with the crypto sector.
2. **Executive Order on Crypto and Retirement Accounts**: Trump has also expressed interest in integrating crypto into retirement accounts, such as 401(k)s, through an executive order. This suggests that crypto could be considered for inclusion in the broader financial system, including payments systems.
3. **Tariff Decisions**: The recent tariff decisions on European Union and Mexico do not directly involve crypto, and it is unclear how this would impact crypto transactions or payments.

However, the following points suggest caution in predicting a direct incorporation of crypto into August 1st payments:

1. **Specific Policy Focus**: The executive order and legislative efforts primarily focus on establishing a regulatory framework, supporting the growth of the crypto industry, and integrating crypto into retirement accounts. They do not explicitly mention crypto payments or their inclusion in broader payment systems.
2. **Timing Mismatch**: The executive order and policy announcements have not been accompanied by any indications that crypto would be incorporated into payment systems on August 1st. The focus has been more on regulatory clarity and industry support rather than immediate integration.
3. **Legal and Practical Considerations**: The adoption of crypto in payment systems involves significant legal and practical hurdles, including regulatory frameworks, technical infrastructure, and public acceptance. It is unlikely that these issues would be resolved swiftly enough to enable crypto payments on such a short notice.

In conclusion, while Trump's pro-crypto stance and recent actions create an environment conducive to crypto integration in the financial system, the likelihood of crypto being incorporated into payments on August 1st is currently low to moderate, given the time required for policy implementation and the complexities involved in integrating crypto into payment systems.