Crypto Donation: Circle CEO Announces $1M USDC Support for Donald Trump’s Inauguration

Circle, the company behind the USD Coin (USDC), has made a crypto donation to the inaugural funds of the President-Elect of the United States of America, Donald Trump. Jeremy Allaire of Circle, the CEO of Circle, stated that the company will be giving $1 Million USDC on X. The donation is a major achievement for digital assets, given the increasing adoption of stablecoins as a tool for real-world use.