In a recent series of posts on X, Mark Cuban hinted at the possibility of creating his own meme coin, similar to $TRUMP, with the intention of using the proceeds to contribute towards the US national debt, which exceeds $36 trillion.

The billionaire entrepreneur expressed his ideas on January 20, 2025, discussing this as a potential gamble while aiming to make an impact on the national debt. Cuban also criticized the TRUMP and MELANIA tokens, stating they are detrimental to the cryptocurrency sector.

“If meme coins are the way, maybe I’ll issue one. With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference. All the revenue from the sale of the coins will go to the US Treasury. The wallet address will be published so everyone can track it.”
— Mark Cuban (@mcuban) January 20, 2025

He reiterated that if he were to move forward with launching such a coin, the earnings would be directed at aiding in the alleviation of the increasing national debt.

Cuban’s involvement in the blockchain and cryptocurrency discussions has been quite significant, as he has previously endorsed the disruptive potential of technology, urging a shift in focus towards smart contracts instead of just the price of tokens.

Furthermore, Mark Cuban has been known for his direct criticism of currency initiatives associated with the former president, viewing them as schemes that could undermine the cryptocurrency market.

Cuban stated: “If you want crypto to grow and establish value and utility that benefits both the issuer and buyer, seeing tokens issued by FLOTUS and POTUS is not the way to go.”