[Ripple And Galaxy Executives Provided Moonpay With A $160 Million Loan To Support The Issuance Of Meme Coin Trump] According To Coindesk, A New Podcast Revealed That After Trump Issued The Official Meme Coin On January 18, Galaxy And Ripple's Loans Played A Key Role In Helping The Crypto Exchange Moonpay Cope With The Surge In Demand. The Market Value Of Trump Tokens Soared From Nearly $200 Million At The Time Of Issuance To Over $10 Billion Within 48 Hours, Successfully Landing On The Spot And Futures Markets Of Major Exchanges, And Achieving A Trading Volume Of Over $20 Billion In Two Days. However, This Peak In Demand Coincided With The Weekend, And The Following Monday Was A Public Holiday, Which Resulted In Moonpay's Fiat Currency Account Being Inaccessible And Liquidity Tight. In Order To Meet The Trading Needs Of Trump Tokens, Moonpay Urgently Needed More Than $100 Million In Liquidity, And Short-term Loans Became The Only Option. Moonpay Executives Estimated That About $100 Million In USD Coin Stablecoins Were Needed To Cope With It. So Moonpay Contacted Novogratz For A Loan. After Reaching An Agreement, Moonpay Quickly Prepared Documents And Passed The Review Of BlackRock Executives To Verify The Repayment Ability. But Demand For Trump Tokens Continued To Rise, And The Launch Of Melania Tokens By First Lady Melania Also Stretched The $100 Million In Liquidity. Moonpay Had To Seek An Additional $60 Million In Funding. Grossman Then Contacted Ripple's Garlinghouse And Admitted That He Had Underestimated The Demand For Trump Tokens. After A Rigorous Review, Including Moonpay's Wright Putting Up All Of His Personal Assets As Collateral, Ripple Provided The Additional Funds Needed. In Addition, Moonpay Proved That Its Reserve Capital Was Free Of Liens. After A Long Weekend, Moonpay Was Finally Able To Use Its Reserve Funds On January 21 And Repaid All Loans In Full. That Week, The Company Added 750,000 New Users