Democratic senators have demanded an investigation into the links between the Trump family’s crypto venture and Binance.

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial system – and raised concerns about Trump’s ties with crypto ventures.

Blockchain infrastructure company Coinbase (NASDAQ:COIN) in Q1 CY2025, but sales rose 24.2% year on year to $2.03 billion.

Meta is reportedly planning to introduce stablecoins as a payment option.

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.