Circle Donates $1 Million
in USDC
to Trump’s Inaugural Committee
Circle, the second largest stablecoin issuer in the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, has
contributed one million USDC to Trump’s presidential inaugural committee.
The donation follows those of cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchanges Coinbase and Kraken and
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн payment firm Ripple.
Circle Becomes the Latest Industry Leader to Donate
Sponsored
Sponsored
The crypto industry has continually supported the incoming Trump
administration, which has made several promises to make the US a leading
market for crypto innovation. Circle, one of the largest US stablecoin issuers
, further solidified that support by donating $1 million USDC to Trump’s
inaugural fund.
“We are excited to be building a great American company, and the fact that the
Committee took payment in USDC is an indicator of how far we have come, and
the potential and power of digital dollars,” wrote Circle s CEO Jeremy
Allaire on X (formerly Twitter).
USDC s market cap has gradually increased since Trump s
re-election. The ongoing bull market drove stablecoin demand across the
market, and US companies benefited largely from the regulatory optimism.
Most notably, Tether s setback in Europe due to MiCA has boosted
USDC s demand across the global market.
Sponsored
Sponsored
USDC Market Cap Over the Past Month. Source: Trading View .
Meanwhile, tech executives and major donors have already contributed
significantly to Trump’s inaugural fund, exceeding $170 million so far. The
inaugural committee is responsible for organizing a series of events,
including galas, parades, and dinners, to celebrate the November election
victory.
The three-day celebration will take place around the January 20 swearing-in
ceremony.
On December 21, Ripple pledged $5 million worth of XRP to support the
inauguration celebrations. According to Fox Business• Экономика » Бизнес reports, Coinbase and
Kraken each contributed $1 million to the Trump-Vance Inaugural Committee.
Meanwhile, Ondo Finance reportedly donated $1 million to the inaugural fund.
The company previously received a $250,000 investment from the Trump-backed
crypto project World Liberty Financial in mid-Dece mber. Robinhood has also
reportedly donated $2 million.
Donors Will Recieve Lucrative Perks During Trump s Inauguration
Sponsored
Sponsored
In return for their donations, crypto leaders are likely to receive several
perks. Donors contributing $1 million or raising $2 million for the
inauguration will receive exclusive access to a series of private events.
These include dinners with Trump and Vice President-elect J.D. Vance and
receptions with other members of the incoming cabinet.
These exclusive benefits offer donors, such as crypto companies ,
opportunities to cultivate relationships with the new administration.
Cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта significantly influenced the recent election cycle , with
crypto-affiliated super PACs contributing over $133 million to various
campaigns. Notable contributors included prominent cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта companies
such as Ripple, Coinbase, and Jump Crypto.
Following the election, Ripple CEO Brad Garlinghouse further demonstrated his
support for pro-crypto initiatives by donating $25 million to Fairshake , a
pro-crypto super PAC, which has since raised over $103 million for the
upcoming 2026 midterm elections.
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