United States Treasury Now Supports Venmo and PayPal for Monetary Contributions

US Treasury now accepts payments via Venmo and PayPal for donation efforts, targeting a reduction in the $36.7 trillion national debt.

, and Administrator

2025 September 17 . 8:15 AM

2 min read

Federal Government Broadens Payment Options for Contributions, Incorporating Venmo and PayPal.

United States Treasury Now Supports Venmo and PayPal for Monetary Contributions

The U.S. Treasury Department has taken a significant step towards digital payments by introducing Venmo and PayPal as payment options for donations to its "Gifts to Reduce the Public Debt" program. This move comes as part of an effort to encourage citizens to contribute towards the nation's debt, currently standing at a staggering $36.7 trillion.

However, key government figures have remained silent on the new payment options, leaving the public to speculate about the potential impact of these donations on the national debt. The broader crypto community, known for its vocal presence, has remained largely silent given the initiative's fiat-only focus.

The digital currency landscape is not standing still, though. Binance Futures has launched a high-leverage WLFIUSDC Perpetual Contract, while ETHZilla has secured $80 million OTC financing with Cumberland. QMMM Holdings has entered the cryptocurrency sector with a $100M strategy, and XRP Adoption has expanded as Fleet Miner turns holdings into predictable passive income.

Meanwhile, the SEC and CFTC have been busy approving spot crypto trading on registered exchanges and hosting roundtables on crypto regulation and privacy. The Federal Reserve and the ECB have also called for enhanced stablecoin regulation amid liquidity concerns and stablecoins' increasing prominence.

The SEC and CFTC held a cryptocurrency roundtable on financial surveillance and privacy, and the Federal Reserve highlighted stablecoins amid the passage of the GENIUS Act. Wormhole has countered LayerZero's $110M Stargate bid, and Polymarket has gained CFTC approval to re-enter the U.S. market.

In the world of blockchain, John Kojo Kumi, a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem, continues to make waves. Meanwhile, MicroStrategy is considering entering the S&P 500 amid its focus on Bitcoin, and Trump Media has acquired 684.4 million Cronos Tokens.

Faraday Future, an automotive company, has announced it will unveil its crypto strategy at a 2025 event. California Governor has proposed a meme coin as a satire of Trump, and Wyoming has launched a state-issued stablecoin on the Hedera Network. Americans have donated a total of $67.3 million over 29 years to the U.S. Treasury's debt reduction program, with Venmo allowing donations of up to $999,999.99 per transaction.

The House of Doge and Bitstamp by Robinhood have announced a strategic partnership for NYSE:ZONE Treasury, and Top 7 Cutting-Edge Blockchain & Crypto Mining Platforms have been identified as leading the market. Despite these developments, the market has shown limited reaction to the donation efforts, viewing them as symbolic.

As the world of finance continues to evolve, it will be interesting to see how these developments unfold and impact the financial landscape.