- 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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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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