Circle made a donation of $1 million in USDC to the inauguration of Donald Trump, highlighting the growing recognition of digital currencies and support for the crypto industry in his policy 💡

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Circle donated $1 million in USDC to the inauguration of Donald Trump, becoming part of the broad support from the crypto industry, including companies like Ripple, Kraken, and Coinbase. This is Circle's first significant political donation in the US and highlights the growing recognition of digital currencies. Trump, who actively supports cryptocurrencies, appointed David Sachs as the first advisor on cryptocurrencies and AI, demonstrating his intent to foster collaboration between the government and the crypto industry.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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