The deal was reportedly facilitated with help from Donald Trump Jr. and Eric Trump. Justin Sun has also bought WLD, worth an estimated $75 million.

Through a merger with SRM Entertainment, Tron will go public injecting $210M in tokens as part of a Trump-aligned crypto push.

The Trump family said it is licensing its name to a new mobile phone service, the latest in a string of ventures announced while Trump is in the White House, despite ethical concerns.

In between his first and second term, President Donald Trump’s business empire has expanded significantly into the cryptocurrency world. This raises both financial and ethical questions, more so based on Emoluments Clauses.

Donald Trump Jr. framed stablecoins as a tool for reinforcing U.S. dollar dominance, calling them “the savior of dollar hegemony, not a detractor of it.”

Tron (CRYPTO: TRON), the digital asset platform founded by crypto billionaire Justin Sun, is preparing to go public in the U.S. through a reverse merger with collectibles company SRM Entertainment (NASDAQ:SRM).

Justin Sun, the Chinese-born billionaire founder of the TRON blockchain, revealed on X on 11 June that the first USD1 stablecoin has officially been minted on TRON. Sun called the development as: "a small step for USD1,

Trump’s backing of the decentralized finance platform comes as his administration pushes to expand U.S. crypto markets.

The United States Senate advanced a landmark Donald Trump-backed cryptocurrency legislation on Wednesday, before a final passage next week. The bill, led by Senator Bill Hagerty of Tennessee, aims to create a regulatory framework for the stablecoin digital tokens whose prices are tied to the U.

The Senate will be working an abbreviated week with the goal of passing a bipartisan stablecoin regulation bill on Tuesday.

A group of lawmakers is taking a fresh stab at breaking the Visa-Mastercard duopoly. Their amendment would force the largest banks to offer at least one alternative credit card network other than Visa and Mastercard,

The U.S. President also holds up to $5 million in crypto, $500,000 in gold bars, stakes in various companies, and a vast real estate empire.