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News

Future Forward PAC Accepting Coinbase Commerce Donations For Harris

September 5, 2024 - Around 2 mins mins to read

Key points:

  • According to OpenSecrets, The Future Forward is among the top Democratic and liberal-leaning PACs, having raised a total of $164 million in funding. 
  • A spokesperson told The Block that the company will accept crypto donations to help fund Vice President Kamala Harris’s run for office.
Future Forward PAC has partnered with Coinbase Commerce to accept Coinbase Commerce donations in cryptocurrency, converting them to USDC to support Kamala Harris’ campaign for added stability.
Future Forward PAC Accepting Coinbase Commerce Donations For Harris

Future Forward PAC, one of the leading Democratic political action committees, has begun accepting cryptocurrency donations through Coinbase Commerce, totalling around $164 million by amount raised as of Sept. 4, according to OpenSecrets.

Initially supporting Joe Biden’s re-election campaign, the PAC now supports Vice President Kamala Harris’ campaign. The Coinbase platform streamlines transactions by automatically converting the user’s chosen cryptocurrency into the USDC stablecoin, reducing the volatility risk.

Read more: Polymarket Election Odds Show Harris Slipping to 47% as Trump Gains

Expanding Political Use of Coinbase Commerce Donations

Future Forward’s use of Coinbase Commerce mirrors the Trump campaign’s earlier adoption of the platform for cryptocurrency donations. As of September, the platform accepts popular cryptocurrencies like Bitcoin, Ethereum, ApeCoin, and Dogecoin.

While Fortune reported that Harris’s campaign would accept cryptocurrency donations, it has since clarified that Future Forward is accepting donations on behalf of the campaign, not Harris directly.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Coinbase

Coinbase Commerce Donations

Crypto Donations

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News

Future Forward PAC Accepting Coinbase Commerce Donations For Harris

Key points:

  • According to OpenSecrets, The Future Forward is among the top Democratic and liberal-leaning PACs, having raised a total of $164 million in funding. 
  • A spokesperson told The Block that the company will accept crypto donations to help fund Vice President Kamala Harris’s run for office.
Future Forward PAC has partnered with Coinbase Commerce to accept Coinbase Commerce donations in cryptocurrency, converting them to USDC to support Kamala Harris’ campaign for added stability.
Future Forward PAC Accepting Coinbase Commerce Donations For Harris

Future Forward PAC, one of the leading Democratic political action committees, has begun accepting cryptocurrency donations through Coinbase Commerce, totalling around $164 million by amount raised as of Sept. 4, according to OpenSecrets.

Initially supporting Joe Biden’s re-election campaign, the PAC now supports Vice President Kamala Harris’ campaign. The Coinbase platform streamlines transactions by automatically converting the user’s chosen cryptocurrency into the USDC stablecoin, reducing the volatility risk.

Read more: Polymarket Election Odds Show Harris Slipping to 47% as Trump Gains

Expanding Political Use of Coinbase Commerce Donations

Future Forward’s use of Coinbase Commerce mirrors the Trump campaign’s earlier adoption of the platform for cryptocurrency donations. As of September, the platform accepts popular cryptocurrencies like Bitcoin, Ethereum, ApeCoin, and Dogecoin.

While Fortune reported that Harris’s campaign would accept cryptocurrency donations, it has since clarified that Future Forward is accepting donations on behalf of the campaign, not Harris directly.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.