Donald Trump’s Presidential Campaign Now Accepting Donations In Bitcoin, Dogecoin, Shiba Inu, XRP, Ethereum, Among Others
On May 21, Trump’s presidential campaign launched a fundraising page accepting cryptocurrency donations through Coinbase Commerce products. This move makes Trump's campaign the first major party nominee to accept crypto donations.
Supporters can donate using Bitcoin, Bitcoin Cash, Litecoin, XRP, DAI, Tether USD, and more.This step highlights Trump's support for crypto, aligning with his strategy to reduce government regulations and promote financial innovation.
Vivek Ramaswamy, a campaign surrogate, emphasized cryptocurrencies as a check on fiat currencies and a response to Federal Reserve policies.The campaign opposes Central Bank Digital Currencies (CBDCs), citing privacy concerns.
In contrast to Senator Elizabeth Warren's anti-crypto stance, the Trump campaign aims to create a"crypto army"to support financial freedom and back his election bid.