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Opinion: Cryptocurrency has penetrated the power center of Washington and has become a core variable in American politics, capital and power

Opinion: Cryptocurrency has penetrated the power center of Washington and has become a core variable in American politics, capital and power

CointimeCointime2025/05/20 22:32
By:Cointime

in April 2025, the logistics company Fr8Tech, originally unknown and based in Texas, suddenly announced the purchase of a cryptocurrency named $TRUMP for $20 million - this is the "presidential coin" that Trump launched in a high-profile manner to return to the White House. The company even claimed that buying this token is "the best way to support free trade."

Almost at the same time, in South Asia, Pakistan's finance minister signed an agreement with World Liberty Financial (WLF), a cryptocurrency financial company owned by the Trump family, to promote blockchain infrastructure development. The Indian media quickly interpreted this as a signal of "showing goodwill to Trump." Several weeks later, Trump claimed to have successfully brokered a ceasefire agreement between India and Pakistan, adding a complex political color to this crypto diplomacy. Analysts believe that these two events are not mere coincidences, but a microcosm of the drastic changes in the power structure of Washington: cryptocurrency is transitioning from a marginal industry to a core variable in American politics, capital, and power. (Golden Ten)

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