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Opinion: Cryptocurrency has penetrated into Washington's power center and emerged as a core variable in American politics, capital and power

Internet reports that in April 2025, Fr8 Tech, a Texas-based and originally unknown logistics company, suddenly announced that it would purchase a cryptocurrency called $TRUMP for US$20 million-this is exactly what Trump's high-profile "Presidential Coin" launched by the White House. The company even claimed that buying this currency was "the best way to support free trade." Almost at the same time, as far away as Pakistan in South Asia, the Finance Minister signed an agreement with World Liberty Financial (WLF), a crypto finance company owned by the Trump family, to promote blockchain infrastructure construction. Indian media quickly interpreted this as a signal to "show kindness to Trump." A few weeks later, Trump claimed that he had successfully brokered a ceasefire agreement between India and Pakistan, adding a complex political overtones to this encrypted diplomacy. Analysts believe that these two events are not accidental coincidences, but a microcosm of the drastic transformation that Washington's power structure is undergoing: cryptocurrency is leaping from a marginal industry to a core variable in American politics, capital and power. (Jin Shi)

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