- Trump’s second term fuels crypto momentum through executive orders and pro-market policies.
- Musk’s X super app could secretly embed crypto into mainstream U.S. digital infrastructure.
Donald Trump’s return to the White House as the 47th U.S. President has already left a distinctive mark, particularly on the crypto landscape.
As he celebrated the 100-day milestone of his second term on the 30th of April, the shift from the previous administration has been nothing short of seismic, with record-setting executive orders and a surge in market volatility.
Amid this political and economic upheaval, industry voices are watching closely for signs of where digital assets fit into Trump’s America.
Anthony Scaramucci on Musk’s upcoming plans
Notably, SkyBridge Capital founder Anthony Scaramucci believes Elon Musk could play a key role in integrating crypto into the evolving ecosystem of X’s anticipated “super app.”
In a recent interview with Saxo Bank, Scaramucci said,
“I do think that you will see X-XL whatever you want to call that conglomeration he’s going to build a super app there and I think he’s going to be using crypto. Will it be his own coin the way Telegram is doing it? Will it be stable coin? It will be something. I don’t know what it will be but it will be something.”
Scaramucci, while noting he hasn’t spoken directly with Elon Musk, revealed ongoing communication with leadership at Musk’s ventures, including SpaceX, xAI, and the now-merged X.
What is Anthony Scaramucci seeing that others aren’t?
As Musk continues his efforts to reshape X into a comprehensive digital hub, often likened to China’s WeChat, Scaramucci sees strong potential for crypto integration into the platform’s future.
In that, Musk’s previous statements about transforming X into the world’s largest financial institution continue to fuel anticipation.
In the same conversation, Scaramucci also praised the Trump administration’s crypto-friendly stance, reinforcing his confidence in a more open regulatory climate for digital assets under the current leadership.
He stated,
“There is going to be crypto-friendly, pro-crypto regulation. I see that as very positive.”
That being said, Scaramucci’s reaffirmation of Bitcoin [BTC]’s dual identity, as both an inflation hedge and a speculative asset, mirrors the broader institutional shift toward digital assets, driven in part by ETF inflows and Wall Street momentum.
Not everyone sees this collaboration from a positive angle
However, while Trump’s circle, including influential allies like Musk, appears aligned to a crypto-forward agenda, the narrative isn’t without opposition.
Critics like Senator Elizabeth Warren argue that the administration is manipulating trade policy to benefit market elites rather than ensure fairness.
Meanwhile, Musk’s recent clarification about stepping back from “DOGE”, not the memecoin, but a government cost-efficiency initiative, has added another twist to public perceptions.
Therefore, as political agendas and market forces intersect, the direction of U.S. crypto policy continues to generate both momentum and controversy.
