Donald Trump and GOP amass $1.2B war chest fueled by crypto donors

The article warns that pro-crypto policies tied to Trump and GOP political funding could weaken U.S. financial power and alter market dynamics. Experts say deregulation and promotion of dollar‑pegged stablecoins (via proposed legislation) are enabling rival states — notably Iran, Russia and North Korea — to evade sanctions and monetize oil and other activities using Bitcoin and stablecoins, increasing geopolitical tail‑risk for crypto markets. It also highlights substantial crypto-funded political influence: a $1.2 billion Republican war chest fueled by major crypto donations, which could entrench pro-crypto policy outcomes. Reported on‑the‑ground flows include an estimated $36 million in daily Bitcoin/USDT receipts for Iran from Strait of Hormuz tanker fees and a 160% jump in illicit crypto transactions in 2025, all of which underscore regulatory and sovereign‑risk implications for crypto asset prices and adoption.