Ripple, Coinbase, Tether Donate to Trump $300M White House Project

Ripple, Coinbase, and Tether donated to a $300 million White House ballroom project, announced October 23, ￰0￱ 90,000-square-foot addition, replacing the East Wing, began construction in ￰1￱ funding, including from Amazon and Google, covers costs, with crypto firms prominently ￰2￱ List Revealed The White House disclosed Ripple, Coinbase, Tether, and Gemini founders Cameron and Tyler Winklevoss as ￰3￱ amounts remain ￰4￱ firms previously backed Trump’s January 2025 inaugural ￰5￱ PACs spent over $200 million in 2024 elections, signaling deep political ￰6￱ Details and Defense The ballroom will host 650 guests for state ￰7￱ House officials called it a bold upgrade and rejected preservationist criticism over the East Wing demolition as ￰8￱ donations ensure no taxpayer burden, though transparency concerns linger.

Crypto’s Political Play The donations underscore crypto’s growing influence in Washington. Ripple, post-SEC battles, and Tether, facing stablecoin scrutiny, gain favor with Trump’s pro-crypto ￰9￱ see this as a strategic move to shape lighter regulations, amplifying industry clout.