Here are the short and formal key points on #TrumpCrypto and cryptocurrency as of May 2025:

Trump-Backed Stablecoin (USD1):

The Trump family launched World Liberty Financial, issuing a stablecoin named USD1, which will be used in a $2 billion investment in Binance by UAE-backed firm MGX.

Strategic Bitcoin Reserve:

Trump signed an executive order creating a Strategic Bitcoin Reserve, making Bitcoin part of U.S. national assets.

$TRUMP Memecoin Controversy:

Trump promoted a memecoin ($TRUMP) now worth over $14.5 billion. A White House dinner offer to top investors sparked bipartisan ethical concerns.

Deregulatory Moves:

Trump revoked rules supporting central bank digital currencies and nullified an IRS rule affecting crypto brokers, favoring decentralized finance.

Financial Gains:

The Trump family reportedly gained $2.9 billion through crypto ventures, raising conflict of interest concerns during his presidency.