• 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

3 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

Share

Other news

BlockDAG: New Horizons in Blockchain Accessibility

BlockDAG offers a unique solution for blockchain access by removing traditional barriers and opening new opportunities.

user avatarGiorgi Kostiuk

5 minutes ago

US Tariffs and Their Impact on Bitcoin and Global Markets

The US imposes new tariffs that impact Bitcoin and global markets, but positive changes may lie ahead.

user avatarGiorgi Kostiuk

7 minutes ago

AI Agents in Cryptocurrency: Overview of 10 Promising Projects for 2025

Explore the world of AI agents in the cryptocurrency industry and learn about 10 projects that will shape the market in 2025.

user avatarGiorgi Kostiuk

8 minutes ago

Dragoin ($DDGN) Launches Amid Decline of Major Tokens

The public sale of Dragoin ($DDGN) begins as interest in Dogecoin and Cardano wanes. Discover more about this new project.

user avatarGiorgi Kostiuk

9 minutes ago

News about Mantle: New Updates and Current Trends for MNT

MNT continues a bearish trend despite the launch of new products and strategies, including Mantle Banking and MI4.

user avatarGiorgi Kostiuk

10 minutes ago

Nexchain: A Promising Project at the Intersection of Blockchain and AI

Nexchain represents a new project in the blockchain market integrating AI for high speed and efficiency.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.