U.S. President Donald Trump is doubling down on his pro-crypto stance—and he’s not holding back. Read on to get the details.
In a recent interview with NBC News’ Meet the Press, Trump clarified that he believes crypto is the future and that the U.S. needs to lead or risk falling behind countries like China.
Trump Doubles Down
Trump says digital assets stayed strong during downturns and warns the U.S. risks falling behind China if it doesn’t embrace crypto innovation. “If we don’t do it, China is going to,” says U.S. President Donald Trump. He also said digital assets have become too popular and widely used to be ignored.
Trump said what many in the crypto industry have been thinking: crypto isn’t going away. It’s becoming more mainstream every day. He stressed that the U.S. must stay ahead in innovation, or other nations like China will dominate the digital economy. And while many critics have questioned whether Trump’s support for crypto is financially motivated, especially with the existence of the TRUMP token, he pushed back.
JUST IN:
“It’s very popular, it’s very hot.” pic.twitter.com/iapwivvvZw
— Watcher.Guru (@WatcherGuru) May 4, 2025
“I’m not profiting from anything,” he said, claiming he hadn’t even looked at the token or its performance. He reminded viewers that he donated his full presidential salary and plans to continue doing so. When asked if he’d donate any earnings from crypto, he said he hadn’t considered it. “Should I contribute all my real estate if it goes up because I’m doing a good job? I don’t think so.”
The TRUMP Token Controversy
The TRUMP token, which once had a market cap close to $15 billion, has dropped significantly to around $2 billion. But last week, it saw a 70% surge after Trump announced he would host a private dinner for the top 220 token holders on May 22 at Trump National Golf Club.
That move sparked concerns. Senators Elizabeth Warren and Adam Schiff call for an ethics investigation, warning that this could look like a “pay-to-play” situation. Even some Trump allies, like Senator Cynthia Lummis—a pro-Bitcoin voice—said the event raised red flags. “This is my president we’re talking about, but this gives me pause,” Lummis said.
CONGRESS
Senate Republicans raise red flags about Trump’s private dinner with his meme coin holdersSen. Cynthia Lummis, R-Wyo., a strong Trump backer and a major voice on cryptocurrency regulation in the Senate, said the dinner “gives me pause.”
WASHINGTON — Some Senate… pic.twitter.com/0UolXL2h1H
— Prof Socially 𝕏 (@x60mtalk) May 3, 2025
Conclusion
Trump’s comments signal that crypto could become a key issue in the next election. He is positioning it as a symbol of innovation, global competition, and economic strength. Whether people agree or not, crypto is now part of the political conversation—and it’s not leaving anytime soon.
Disclaimer
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