Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.
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阅读 API 文档Official Trump, ticker TRUMP, is a meme token on the Solana blockchain that uses the personal and commercial brand of Donald Trump to build a community around the intersection of political identity and digital ownership, a segment sometimes called PolitiFi. It is aimed at supporters who want a token with official ties to Trump-affiliated media and business brands. Its claimed utility includes access to real-world events such as gala dinners and meetings at Mar-a-Lago, as well as use as currency inside the officially licensed Trump Billionaires Club mobile and web game.
TRUMP lives entirely on the Solana blockchain, inheriting Solana's proof-of-history and proof-of-stake consensus and its characteristically fast, low-cost transaction settlement. Inside the ecosystem, the token functions as the medium of exchange for in-game purchases and feature unlocks within the Trump Billionaires Club game, and holders can also supply tokens to automated liquidity systems. New tokens enter circulation on a programmatic release schedule intended to limit sudden increases in supply.
The data stored for this asset does not include a protocol fee stream, meaning there are no fee-origin, fee-recipient, or protocol-revenue figures available on this site for TRUMP. The token's economic profile is therefore shaped primarily by supply dynamics rather than by fee generation: approximately 28.19 percent of the one-billion maximum supply is currently circulating, leaving a dilution overhang of roughly 254.78 percent of the current circulating supply still to be released. Thirty-day average daily volume runs at about 42.87 percent of market capitalisation, and the 24-hour figure stands at 33.13 percent, indicating that a large share of the float changes hands frequently relative to the token's size.
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According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.
A shareholder of stablecoin giant Circle has alleged the president corruptly cashed in on crypto deals.
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