Former U.S. President Donald Trump Reiterated His Support for Cryptocurrency

In a new interview with Meet the Press, former U.S. President Donald Trump reiterated his support for cryptocurrency. He talked about crypto's stability, comparing it to the stock market

Former U.S. President Donald Trump expressed his continuing support for cryptocurrency in a new interview with Meet the Press.

The interview segment on Sunday began with host Kristen Welker asking President Trump about his involvement in a meme coin that shot up in price recently.

“You’re also known for touting a cryptocurrency. The coin’s value actually surged after you announced that the coin’s top holders are invited to have dinner with you at Mar-a-Lago with the hopes of boosting its price even further. But critics say that there’s a clear conflict in such endorsements and they allege that you might be profiting from the presidency,” Welker noted.

After some back and forth, President Trump replied: “I want crypto. I think crypto’s important because if we don’t do it, China’s going to. If you look at the market, when the market went down, (crypto) stayed much stronger than other aspects of the market.”

His comments come amid the buzz over a Trump-themed meme coin that surged in value following his announcement of a dinner event for its top holders at Mar-a-Lago.

While President Trump denied profiting personally from the coin, he did mention his belief in crypto’s role in the U.S. economy, calling it a “hot” and “very popular” sector.

A Sharp Contrast with the Biden Administration

President Trump also took aim at President Joe Biden and Gary Gensler for what he described as a sudden and opportunistic shift in crypto policy.

“They went after [crypto] violently… then they changed their tune to get votes,” President Trump said, referring to regulatory crackdowns under SEC Chair Gary Gensler, followed by a softer tone ahead of the 2024 election.

Framing crypto as a geopolitical and generational issue, President Trump positioned himself as a pro-innovation leader. While he stopped just short of announcing any specific crypto policy or regulatory reform, the president hinted at a more open approach that would be different from the previous approach with regulatory uncertainty.

“I think we can do it in a common-sense manner. We can do it in a manner that’s good for our country and good for our people,” President Trump added.

Political Messaging and the Crypto Electorate

As the president openly supports digital assets again, the community could see this as an attempt to capture a sizable voter base made up of crypto holders, developers, and entrepreneurs. His message was filled with optimism for the American economy and put crypto as a safeguard against foreign dominance.

And with millions of Americans now invested in digital assets, President Trump’s stance could influence the voters’ sentiment towards him as well as the future conversations around crypto legislation in the 2025–2026 political cycle.