The Donald Trump-backing PAC “Trump 47” has seen millions in crypto-denominated contributions from industry executives since July.
A political action committee (PAC) supporting Donald Trump has raised $7.5 million in cryptocurrency to support his United States presidential election bid.
The “Trump 47” PAC raised millions in Bitcoin (BTC), Ether (ETH), XRP (XRP), and stablecoins Tether (USDT) and USD Coin (USDC) between July and September, according to an Oct. 15 filing with the Federal Election Commission.
Major donors over the past three months include crypto industry leaders and executives, with 18 donors giving over $5.5 million in BTC in total and seven donors contributing around $1.5 million in ETH.
