Cryptocurrency leaders donate $7.5 million worth of cryptos to a political action committee (PAC) supporting Republican presidential candidate Donald Trump. 

According to a recent CNBC report, the PAC Trump 47 revealed the development in a filing submitted on the Federal Election Commission (FEC) website. The filing covered donations for the third quarter of the year, specifically from July 1 to September 30, 2024. 

Notably, contributors gave their donations in different cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and stablecoins, like USD Coin (USDC) and Tether (USDT). These donations came from executives affiliated with top crypto-related companies like Ripple, Coinbase, and Andreessen Horowitz.  

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