How Much Crypto Has Been Donated to Donald Trump’s Campaign?

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.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.