Donald Trump's "empire" of cryptocurrencies is expanding, with initiatives including a new stablecoin and the request for a Bitcoin ETF by Truth Social.
Trump has reported over $600 million in revenue from various businesses, including cryptocurrency. However, his cryptocurrency ventures have faced criticism and have impacted bipartisan support for stablecoin legislation.
Domestic politics in Washington are marked by tension surrounding cryptocurrencies, with Trump seeking to create a federal reserve of Bitcoin.
