• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump and Vance's Inaugural Fund Attracts $170 Million with Crypto Industry Backing

user avatar

by Giorgi Kostiuk

10 months ago

Major crypto industry companies have become key sponsors of President Donald Trump and Vice President-elect J.D. Vance's inaugural fund, raising over $170 million.

Crypto Industry Support

Circle, the second-largest stablecoin issuer, donated $1 million in USDC to the fund. Other significant contributions came from Ripple, Coinbase, Kraken, and Ondo Finance. Ripple's donation totaled $5 million in XRP, while the others contributed $1 million each.

Rewards for Donors

Fund donors will receive various perks such as gala tickets and private dinners with Trump and Vance. Those donating $1 million or more will gain exclusive access to high-profile events.

Impact on USDC Market

USDC's market cap has increased following Trump's re-election, driven by demand during the bull market. Tether's challenges in Europe have also enhanced USDC's appeal.

The crypto industry seeks greater support from the Trump administration on regulatory matters and plays a significant role in the political landscape.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin's Correction Resembles S&P 500 Before Major Bull Market

chest

An analysis suggests that Bitcoin's current correction resembles the S&P 500's behavior before a major bull market.

user avatarMohamed Farouk

Short-Term Pressure on Bitcoin Amid Market Volatility

chest

Analysts indicate short-term pressure on Bitcoin due to market volatility and regional banking issues, with smaller holders reducing exposure.

user avatarElias Mukuru

AlphaPepe Presale Gains Momentum Amid Solana's Slowdown

chest

AlphaPepe, a structured memecoin presale on BNB Chain, is rapidly gaining traction as traders seek new opportunities during Solana's slowdown.

user avatarDiego Alvarez

Trump Administration Halts AI Litigation Task Force Amid Controversy

chest

The Trump administration has paused the establishment of an AI litigation task force aimed at challenging state-level AI regulations.

user avatarKenji Takahashi

Strategy Confirms Bitcoin Reserves Can Sustain Dividends for Decades

chest

Strategy confirms its Bitcoin reserves can cover dividends for decades, even under current market conditions.

user avatarMaria Fernandez

Apeing Emerges as a Leading Altcoin Choice

chest

Apeing is gaining traction as a top altcoin pick due to its early structure, offering Stage 1 pricing at 0.00001 with a projected listing target around 0.001.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.