President Donald Trump is leveraging cryptocurrency to raise significant funds, hosting exclusive dinners for wealthy political donors and top holders of the TRUMP memecoin. The first event, a 'Crypto & AI Innovators Dinner' at the Trump National Golf Club in Virginia, charged $1.5 million per plate. A subsequent dinner is scheduled for May 22 for the top holders of the TRUMP memecoin, which has seen a 20% surge in value over the past month. The fundraising efforts have sparked controversy, with critics alleging corruption and conflict of interest. The Trump family's involvement in cryptocurrency, particularly through World Liberty Financial, has drawn scrutiny. Senator Jeff Merkley criticized the move as 'a selling of influence' and 'a massive form of corruption.' Melania Trump's involvement in these events has also been highlighted. Amid these developments, the Senate is grappling with the GENIUS Act, a bill aimed at regulating stablecoins. The legislation faces opposition from Democrats, who are concerned about potential conflicts of interest, especially given Trump's family's crypto ventures. Senate Democrats introduced the End Crypto Corruption Act to prohibit federal officials and their families from investing in or endorsing digital assets. The Trump family's stablecoin, USD1, was recently used in a $2 billion transaction backed by a United Arab Emirates fund, intensifying scrutiny. The GENIUS Act, which would establish a regulatory framework for stablecoins, is set for a procedural vote. Senate Majority Leader John Thune has indicated a willingness to compromise with Democrats to address their concerns about consumer protections and national security. However, the bill's passage remains uncertain due to ongoing partisan tensions. Additionally, Trump has proposed a 'Trump Card Visa' program, which would offer US residency for $5 million, with DOGE rolling out digital infrastructure for the initiative.