#Kuban proposes to issue memecoin, with proceeds going to the US Treasury.#

Billionaire entrepreneur and cryptocurrency advocate Mark Cuban has said on social media platform X that he is considering launching a cryptocurrency called a “meme coin”, with all proceeds from its sale to be donated to the US Treasury. Cuban said the meme coin would have the same terms as Trump’s meme coin issuance, namely a 20% circulating supply and the same release schedule, but the difference would be that all proceeds from token sales would go directly to the US Treasury. To ensure transparency, the wallet address would be public so everyone could track the flow of funds. Cuban believes that if meme coins are the trend of the future, then his meme coin could contribute to reducing the US debt. As of now, Cuban has not formally announced the specific time and details of the meme coin launch, but his idea has already attracted widespread attention. Some believe Cuban’s move is to capitalize on the meme coin craze and raise funds for the US Treasury, while others believe Cuban is motivated by concerns about the state of US finances and wants to contribute to the country in this way.