How Much Crypto Has Been Donated to Donald Trump’s Campaign?
25.06.2024 7:30 1min. read Kosta Gushterov
Former U.S. President Donald Trump is receiving notable cryptocurrency donations as the upcoming election approaches.
On-chain donations have reached nearly $60,000, not including contributions made via centralized exchanges like Coinbase.
According to blockchain analytics firm Breadcrumbs, Trump’s campaign has received $59,386 in on-chain crypto donations from 218 donors. Analyst James Delmore explained that many donations come through exchanges, which aren’t considered on-chain transactions. Most donations are in USDC, sent via Ethereum, Base, and Polygon networks. Trump’s campaign has raised over $260 million in total, with traditional donations still leading.
The Winklevoss twins announced a $2 million Bitcoin donation to Trump’s campaign, supporting his pro-crypto stance.
Trump’s campaign started accepting crypto donations in May, emphasizing his support for the industry. This move comes amid regulatory challenges and a shift in Congress towards pro-crypto legislation as the election nears.
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