PANews reported on December 31 that, according to on-chain analyst Yu Jin, Trump's Meme coin Trump deployment address transferred 94 million USDC to Coinbase over the past three weeks.

These USDC tokens originated from their one-way liquidity sales on Meteora (adding only Trumps and not USDT, then selling the Trumps for USDT at a set price range). Their primary method of cashing out Meme tokens (Trumps and MELANIA) is through one-way liquidity sales, ultimately converting them into USDC which flows into Coinbase. It's possible that the same team is behind this.