"Breaking News" Ripple Donates $5 Million XRP to President Trump's Inauguration

Ripple recently donated $5 million in XRP to President Donald Trump's inauguration, a confirmation from the Trump-Vance Inaugural Committee.

This marks the event as one of the largest cryptocurrency donations. The donation is aimed at supporting the celebration of Trump's election and the activities of Vice President JD Vance, with the fund currently exceeding $200 million.

In addition to Ripple's donation, other cryptocurrency companies like Coinbase and Kraken have each committed to donating $1 million, while MoonPay also participated in the donations, but the specific amount has not been disclosed.

These donations reflect the cryptocurrency industry's expectation that the Trump administration will implement more favorable regulatory policies.

Trump's inauguration fundraising has already broken historical records, surpassing the $107 million raised during Trump's first inauguration in 2017 and the $62 million for Biden's inauguration in 2021.

Insiders expect that by the official inauguration day, the total amount could reach $225 million.

Ripple's large-scale donation at this moment is driven by the company's desire to promote regulatory transparency in the cryptocurrency industry under the Trump administration.

As Ripple wins its legal battle against the U.S. Securities and Exchange Commission (SEC), market confidence in XRP has also rebounded, with the current price of XRP around $2.30, having surged nearly 500% since the victory.

This donation is not only a show of support for Trump and his policies but also demonstrates the increasing importance of cryptocurrency in political funding.

With growing market attention on XRP and other crypto assets, this event could reshape the landscape of future political fundraising. $XRP #Bitcoin Market Volatility Observation