Trump’s Crypto PAC: Making Stablecoins Great Again

The crypto gods declared $26 million worth of love for President Trump in 2025, proving that MAGA and blockchain are the new odd couple. Trump’s administration didn’t just 'promise to deliver'; it actually unleashed the 'GENIUS Act' on stablecoins and demanded Congress pass the 'CLARITY Act' faster than a meme coin pumps. Shortly after swearing in, he announced a Strategic Bitcoin Reserve and dropped a 160-page crypto manifesto aiming to 'grow the industry, protect its open-source spirit and defend user privacy.' Meanwhile, critics note the Trump family’s cozy affair with everything from stablecoins to NFT art galleries — talk about a blockchain family tree.

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Source: Axios | Published: 8/1/2025 | Author: Alex Isenstadt