Mixed Reactions and Lax Security at Trump's $148 Million Crypto Dinner
President Donald Trump hosted a high-profile gala for top buyers of his meme coin $TRUMP, which saw a significant price drop afterward. The event was criticized for poor food, lax security, and brief attendance by Trump himself. The gathering drew regulatory and political scrutiny, with protests outside and concerns over potential conflicts of interest and the impact on crypto legislation, especially the bipartisan stablecoin bill. Despite the controversy, some officials remain optimistic about the future of stablecoins in the U.S.