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Circle Donates 1 Million USDC to Trump Inaugural Committee

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YM Lee
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  • Circle announced that it has donated 1 million USDC to the Trump Inaugural Committee.
  • This is claimed to emphasize the potential and importance of USDC as a digital dollar.
  • Circle's donation is an indicator of the progress the virtual asset industry has made through USDC.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Stablecoin issuer Circle announced that it has donated 1 million USDC to the Trump Inaugural Committee.

On the 9th (local time), Jeremy Allaire, CEO of Circle, stated on his X (Twitter), "We have donated 1 million dollars to President Trump's Inaugural Committee. The fact that the committee accepted a USDC donation is an indicator of how far our industry has come and demonstrates the potential and power of the digital dollar."

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