Ripple $XRP promised to allocate an additional 25 million dollars to Fairshake, a bipartisan Super PAC known for its effectiveness in electing candidates who advocate for cryptocurrency and innovation. This substantial commitment reflects Ripple's efforts to influence legislation favorable to cryptocurrency in the United States, strengthening its role as a key player in shaping the regulatory landscape.
Recognized as the most successful bipartisan Super PAC in U.S. history, Fairshake has played a crucial role in promoting candidates who support blockchain innovation and economic growth. Contributions from Ripple, Coinbase, and Andreessen Horowitz (a16z), combined with funds from previous election cycles, have raised an impressive total of 103 million dollars ahead of the 2026 midterm elections.
This war chest signals the growing influence of the crypto industry in U.S. politics, applying pressure on legislators in competitive districts to consider pro-crypto policies. With such significant resources, Fairshake has become a powerful tool for advancing blockchain-related initiatives on Capitol Hill.