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A report written by Matthew Sigel, Head of Digital Assets Research at VanEck, assesses El Salvador’s experience with Bitcoin and its positive impact on the country. The report highlights that nearly 8% of Salvadorans are using Bitcoin for transactions in 2024, a significant milestone for a nation that has traditionally had low rates of electronic payment adoption. Additionally, the country’s Bitcoin reserves now account for 1.6% of its GDP. VanEck’s analysis suggests that, given Trump’s strong support for Bitcoin and his focus on repatriation and supply chains, El Salvador could emerge as a key strategic partner for the U.S. in establishing regional alliances.