How Trump is making coin from $TRUMP coin

特朗普如何从“特朗普币”中赚取利润

The Indicator from Planet Money

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2025-05-22

9 分钟
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Just before Trump began his second administration in January, he and his business partners launched the $TRUMP coin. It's a meme coin that quickly raked in hundreds of millions of dollars. And there's a lot of earning potential still left on the table. Is any of this legal? Today on the show, we examine how the $TRUMP coin works and talk to an expert about how the president's meme coin gambit interacts with the Foreign Emoluments Clause of the Constitution. Related episodes: How the memecoin game is played Did Trump enable insider trading? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • NPR.

  • Well, and if you were trying to make as much money as you could from being the president,

  • what would you do?

  • I would turn the Situation Room into an escape room and rent it out for birthday parties and corporate team building.

  • I was thinking cameo videos would make a nice birthday present for somebody.

  • Yeah.

  • What if they just set up a big shady carnival on the South Lawn?

  • Be like, here, try this ring toss.

  • There are no bad ideas.

  • Carry on.

  • What about selling a meme coin with my name on it and the top meme coin buyers get to join me for dinner?

  • Now you're onto something, President Wong.

  • And that is exactly what President Trump is doing.

  • Well, tonight, in fact.

  • If you're among the top 220 holders of the Trump coin,

  • this cryptocurrency, you can join the president for a gala dinner.

  • I can taste that dry chicken now.

  • This is the kind of shenanigans that has me asking, is this legal?

  • This is The Indicator from Planet Money.

  • I'm Waylon Wong.