Washington is gearing up for a grand $45 million military parade on June 14, 2025, marking two milestones: the U.S. Army’s 250th anniversary and Donald Trump’s 79th birthday.
But while tanks and celebrations take center stage, it’s the former president’s crypto wealth that’s turning heads.
Trump, now in his second presidential term, has quietly become a major crypto player. His digital asset holdings are valued at nearly $1.5 million, according to Arkham Intelligence.
The bulk of it comes from a meme coin called TROG, featuring a cartoon frog in his likeness. Other holdings include Ethereum, USDC, and a meme token bearing his own name. Though his current wallet balance is far below its former $32 million peak, Trump’s real crypto windfall lies elsewhere.
Over the past few years, Trump has reportedly earned more than $1 billion through various crypto ventures. His NFT sales alone brought in $7 million, while his family’s crypto firm is expected to generate nearly $250 million in net revenue. Trading activity tied to his TRUMP coin has also racked up hundreds of millions in fees, pushing his estimated overall crypto exposure to around $1.2 billion.
Not everyone is thrilled about the spectacle. Democratic Congressman Steve Cohen introduced a mock bill—The HAPPY BIRTHDAY Budget Act—suggesting the government tone down the birthday spending. While largely symbolic, the gesture reflects growing criticism over the cost of public events, especially when the guest of honor is one of crypto’s wealthiest figures.
Trump’s deep ties to digital assets signal how far crypto has come—from outsider tech to political power lever. And if the market continues to rebound, his blockchain-backed fortune may grow even more influential in the months ahead.
Bank of America is actively developing a stablecoin offering, CEO Brian Moynihan revealed during a post-earnings conference call on Wednesday.
PayPal has expanded its stablecoin, PayPal USD (PYUSD), to the Arbitrum network, marking a key step in its strategy to integrate with faster, more cost-efficient blockchain infrastructure.
Citigroup is evaluating the potential launch of its own U.S. dollar-backed stablecoin, signaling a growing shift in sentiment among traditional financial institutions toward digital assets.
JPMorgan Chase CEO Jamie Dimon remains skeptical of stablecoins—but says ignoring them isn’t an option for the world’s most powerful bank.