Unnamed sources close to Elon Musk revealed to Forbes that discussions are underway about leveraging blockchain technology within the U.S. Treasury.

The potential use cases include tracking federal spending, securing data, processing payments, and managing government assets. However, it remains uncertain whether Musk intends to utilize an existing blockchain such as Bitcoin$BTC , Ethereum$ETH , or Dogecoin$DOGE or develop a new, customized blockchain for this purpose. If the latter is chosen, it would likely fall under the responsibilities of Trump’s crypto task force, which is already exploring the creation of a digital asset stockpile and a Bitcoin reserve.

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