Circle has donated $1 million in its USDC stablecoin to President-elect Donald Trump’s inaugural committee. This marks Circle’s first significant political contribution in the US. Other major players in the crypto space, including Ripple, Kraken, and Coinbase, have also pledged support for Trump due to his pro-crypto stance and promises of regulatory reforms. Trump has made several pro-crypto appointments, including David Sacks as the country’s first crypto and AI advisor, to strengthen collaboration between regulators and the emerging industry.

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