Trump's Dinner Signals Crypto Mainstream Acceptance
President Trump's recent dinner for top bitcoin holders signals a significant shift in political elites' acceptance of crypto as a mainstream asset. This event, held on May 22, 2025, coincides with the 15th anniversary of the first real-world bitcoin transaction, known as 'Bitcoin Pizza Day'.
Among the attendees was Justin Sun, Founder of TRON and Advisor to HTX. Sun's presence extended an olive branch from Web3 to the traditional system, guiding mainstream players into the blockchain era. This move comes amidst the passing of the Bitcoin Strategic Reserve Act and the review of the GENIUS stablecoin bill, indicating a potential arrival of the future envisioned by crypto believers.
TRON, under Sun's leadership, has become one of the most active blockchain networks globally, especially in stablecoin payments. Millions of users rely on it daily. The listing of WLFI's stablecoin USD1 on HTX followed a conversation between Sun and Eric Trump at TOKEN2049 in Dubai. Sun's influence has been instrumental in bridging the gap between the crypto world and the general public, from a lunch with Warren Buffett to space travel giveaways for HTX users.
Sun's investment of $75 million into World Liberty Financial (WLFI), the Trump family's crypto project, and his role as strategic advisor, have further solidified his impact on the crypto landscape. His participation as a large presale investor and pledge to boost USD1 stablecoin liquidity on Tron by $200 million have driven adoption and integration efforts, despite controversies. As bitcoin price reaches $110,000 for the first time, President Trump's dinner for top bitcoin holders marks a significant shift in crypto's mainstream acceptance.