This week, Donald Trump is hosting a private dinner at his Virginia golf club—but the guest list is exclusive to top holders of the $TRUMP memecoin. Yes, a memecoin. Yes, it's real. Yes, the top investors are being rewarded with face time.
Billionaire Justin Sun, claiming a $20M+ stake in the token, confirmed his attendance. Around 220 holders are invited, making this perhaps the most high-profile crossover between cryptocurrency and U.S. politics yet.
But it's not just a meme—it raises serious questions:
Is access to politicians now for sale via blockchain?
Can memecoins become new-age political fundraising tools?
Where do ethics end and tokenomics begin?
As crypto continues to blend with real-world power, “Dinner with Trump” may be the first of many such headline-grabbing, regulatory-defying events.
Is this the future of political fundraising—or just the latest grift? Sound off below.
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XRP Advocate Warns Crypto Laws May Stall Without Stablecoin Bill 💬 $XRP XRP advocate John E. Dayton warns that if the GENIUS Act — a stablecoin regulation bill — fails in the US Senate, major crypto laws may be delayed until 2029. Known for his role in the XRP case, Dayton said the bill is non-controversial and supports the national interest ⚖️.
He believes that if lawmakers can’t pass this simple bill, more complex ones like market structure reform, tax laws, or the Lummis-Gillibrand bill won’t move forward anytime soon 📉.
The GENIUS Act, led by Senator Bill Hagerty, sets rules for stablecoin issuers and ensures secure reserves to protect consumers 🛡️. Hagerty said it will boost dollar-backed innovation and bring clarity to crypto regulation in the US 🇺🇸.
Despite the challenges, Senator Kirsten Gillibrand believes the bill could pass this week. Industry support is rising. Coinbase’s policy chief Friar Sherzad called stable#coin laws a “national priority,” saying they can help the US lead in blockchain finance 🌐. However, some lawmakers, like Sen. Elizabeth Warren, remain cautious, raising concerns over financial risks. Dayton also noted the bill doesn’t allow yield on stablecoin holdings, which might face bank resistance 🏦.