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Ripple-backed PACs fuel record $189M crypto election spending

Ripple-backed PACs fuel record $189M crypto election spending

The crypto industry has contributed $189 million to the 2026 U.S. election cycle so far, pushing political spending beyond 2024 levels months before voters head to the polls.

Summary

  • Public Citizen says the crypto industry has contributed $189 million to the 2026 U.S. election cycle, surpassing 2024 spending.
  • Ripple- and Coinbase-backed PACs, led by Fairshake, remain among the biggest sources of crypto political spending.
  • Rising voter interest in crypto and the ongoing CLARITY Act debate continue to shape the industry’s political influence.

According to a report published Tuesday by consumer advocacy group Public Citizen, crypto companies now account for roughly…

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