The first-ever cryptocurrency transaction made by a US president has been reported

Former US President Donald Trump has publicly paid for a purchase with bitcoin for the first time. The politician paid with the cryptocurrency for burgers at the PUBKEY bar in New York.

The controversial politician became the first American head of state to publicly conduct a crypto transaction. The video of the transaction was widely circulated.

The PUBKEY bar is known in the crypto community as a place where you can make payments in cryptocurrency. Trump and his team visited the establishment on the evening of September 18. The bar staff offered the presidential candidate to pay for the burgers with bitcoins, which he did.

However, the recording shows that most of the manipulations for Trump were done by the employees of the establishment. The announcement that the transaction was successful was greeted with applause by the bar’s patrons.

A few days earlier, Donald Trump and his team unveiled a new decentralized finance (DeFi) initiative called World Liberty Financial (WLFI). The project includes the issuance of the WLFI token, 63% of which will be available for sale to the general public. Trump positions his new brainchild as a revolution in the cryptocurrency ecosystem.

As part of his election campaign, Trump relied on members of the crypto community. The politician drew attention to representatives of the crypto industry amid the publication of survey results that indicate an increased weight of crypto investors' votes. By supporting digital asset holders, Trump hopes to strengthen his chances in the race for the US presidency.