On the shoulders of the US, crypto is spreading its wings with a possible FIFA Coin next on the agenda. The FIFA World Cup trophy showed up out of the blue at the White House Crypto Summit. This gave the high-profile event about digital assets and blockchain policy a natural segue to the possibility of a FIFA Coin.
President Trump talked about the idea of a FIFA Coin and said, “It could be quite a coin.” He then laughed and said that coin might be worth more than FIFA.
FIFA CEO: “Fifa is very interested in developing a FIFA Coin, here in America and to conquer the 5billion soccer fans in the world.” We will conquer the world with Fifa Coin.
Trump: “that coin may be worth more than fifa in the end, it could be quite a coin actually.” pic.twitter.com/UdBDQfZHEg
— absol (@absolquant) March 7, 2025
Now, people in the crypto market are set just in case the FIFA-branded crypto coin is launched. FIFA is known globally and has billions of fans who follow up on the games consistently and passionately. Because famous figures and organizations mostly influence crypto prices, this could be a gateway for many people to know crypto.
Betting is the main thing when it comes to football. In fact, according to FIFA, betting on football events brings in billions of dollars every year.
This time, FIFA is going even bigger. The FIFA 2026 World Cup will be held in three countries: Canada, Mexico, and the US. This is the first time that three countries have co-hosted the event. With 48 teams instead of 32, this will be the biggest World Cup ever, with 104 games, and there could even be space for crypto.
Another FIFA token surges after Trump’s FIFA comments
After Trump’s comments, the value of a cryptocurrency called FIFA COIN rose by 142,000%, hitting a market cap of about $3 million.
The FIFA COIN was traded on decentralized platforms like Uniswap, and it saw a lot of activity. However, there is no clear link between FIFA COIN and FIFA or the 2026 FIFA World Cup.
This shows a lot of optimism in the market about the anticipated coin. However, crypto investors need to be careful. These types of opportunistic meme coins often appear after big public events or comments from well-known people quickly surge and fall as quickly.
Investors are warned to do extensive research on these kinds of projects before investing money in them because similar plans have caused big losses in the past.
Here’s a win for crypto – The White House Crypto Summit
Coinbase CEO Brian Armstrong, Strategy’s Michael Saylor, and Kraken CEO Arjun Sethi were some of the biggest names in crypto at the event. Trump reiterated that he wants to make the U.S. the world leader in crypto, and he positioned his government as being in favor of digital assets. This is true considering he got done with the CBDCs.
Concerns about crypto regulation were handled by Treasury Secretary Scott Besant, who said that the U.S. government will work closely with the IRS on tax policies and stablecoin regulations. Besant said, “We assure you we will work with the IRS, and we will put a lot of thought into the stablecoin regime.”
David Sacks, who is behind Trump’s crypto policies, thanked him for the speech and stressed that the crypto industry has been under attack. “Trump is fighting for the right,” Sacks said, referring to the larger fight for economic freedom and decentralized creativity.
David Sacks showed that the federal government sold 195,091.75 Bitcoins for proceeds of $366,493,104. This figure shows that there is a big difference between the money made from past sales and what it could be worth today, $17,598,200,000.
Trump also said that his government will not sell stolen Bitcoin anymore. Instead, it will be kept as part of a Strategic Bitcoin Reserve. He said of Biden’s crypto policies that some people really suffered during Operation Chokepoint 2.0. He also said that Democrats were changing their minds about crypto only to get votes.
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Source: https://www.cryptopolitan.com/fifa-interested-in-creating-a-fifa-coin/