The Bitcoin Policy Institute, a US think tank, has proposed issuing "BitBonds" to support President Donald Trump's executive order to establish a strategic bitcoin reserve. The bond pays only 1% annual interest, but 10% of the proceeds from the issuance will be used to buy bitcoin, which will both ease the federal debt burden and expand the strategic bitcoin reserve. The think tank estimates that the plan could save up to $700 billion in interest expenses over a decade.