
Circle CEO Jeremy Allaire has announced a donation of $1 million in USDC to President Trump's inaugural committee. This donation, made in digital dollars, is seen as an endorsement of cryptocurrency's potential and influence in the political arena. Allaire emphasized that the acceptance of USDC by Trump's team reflects the progress of digital currencies. This contribution places Circle among other notable tech firms supporting Trump's inauguration, which has reportedly raised a record $170 million to date. The donation underscores the growing intersection of cryptocurrency and politics, with Circle's move highlighting the increasing acceptance of digital currencies in mainstream financial transactions.
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🤝 Big tech and crypto are rallying behind President-elect Trump, contributing record amounts to his inaugural fund! 🇺🇸💰 Circle (@circle), the company behind USDC, has donated $1 million to the inaugural committee, marking a significant moment as the payment was made using…
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