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The Trump family is going all in on crypto projects, from Bitcoin mining to Stablecoins

The Trump family is going all in on crypto projects, from Bitcoin mining to Stablecoins

US President Donald Trump and his family have taken a interest in just about every corner of the crypto industry.

There are non-fungible tokens (NFTs) and digital collectibles; a decentralised finance project; a proposed stablecoin; an effort at Bitcoin mining; and a pair of memecoins, one for the president and one for First Lady Melania Trump. 

Taken together, the various projects are approaching US$1 billion in paper gains even after accounting for the latest round of trade war-induced market gyrations, according to Bloomberg calculations based on publicly available data.

Mr Donald Trump is already the richest person to have ever become US president, and his non-crypto holdings include significant investments in real estate. After his…

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