Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), ethereum (ETH), and stablecoins such as usd coin (USDC) and tether (USDT). Noteworthy donors include David Bailey of Bitcoin Magazine, who contributed $500,000 in bitcoin, and U.S. investor Gary Cardone, who donated $840,000 in bitcoin.
Stuart Alderoty, Ripple’s chief legal officer, chipped in 624,000 XRP, valued at approximately $300,000. Beyond this quarter’s success, Trump’s campaign already raised $3 million in cryptocurrency in the second quarter of 2024, thanks to around 100 crypto donors.
The Winklevoss twins made a splash with each brother giving $1 million in bitcoin donations, while Jesse Powell, Kraken’s co-founder, added $1 million in ethereum. The increasing influence of the cryptocurrency sector in political fundraising highlights the belief that a Trump presidency could bring about a more crypto-friendly regulatory landscape than current policies.
Not all lawmakers are pleased with cryptocurrency’s growing role in politics. Democratic Senator Elizabeth Warren of Massachusetts recently criticized her Republican opponent, John Deaton, for the crypto contributions given to his campaign. At the same time, as of 1:30 p.m. Eastern Time on Oct. 16, 2024, Trump holds a commanding lead on Polymarket, with bettors assigning him a 59.5% likelihood of winning.
What are your thoughts on this subject? Let us know what you think in the comments section below.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
