The International Federation of Association Football is considering introducing its digital currency dubbed FIFA Coin, and the United States may be the initial location for its release.
FIFA President Gianni Infantino suggested that the organization might develop its crypto token. Toncoin (TON) Value Forecast for March 26th
On March 7, Infantino participated in a crypto conference at the White House, hosted by President Trump. He voiced FIFA’s desire to create a digital token to interact with its worldwide fan base.
Infantino stated, “FIFA is extremely keen on creating a FIFA coin, commencing in the U.S., to engage the 5 billion soccer enthusiasts worldwide.” He continued, “If anyone is keen on collaborating with FIFA, we are available, and in conjunction with the United States, we will dominate the world of soccer with the FIFA coin.”
Although there are no precise dates or specifics as of yet, this declaration indicates that FIFA is exploring blockchain technology as a means to boost income and interact with supporters. President Trump reacted favorably, remarking, “This coin could potentially be worth more than FIFA itself. It could indeed be a superb coin.”
Following the conference, a cryptocurrency with the symbol “FIFA” that was not linked to the organization experienced a surge in price. The coin’s value soared by approximately 357,000% in a single day, attaining a market capitalization of approximately $8.2 million.
The summit represented a crucial advancement toward substantial alterations in crypto regulation under the Trump administration.
A primary initiative unveiled during the event involved the establishment of a U.S. strategic Bitcoin (BTC) reserve. This strategy would create a government crypto position without utilizing taxpayer funds.
Even though Infantino’s declaration lacked details, it suggests that FIFA understands the possible influence of cryptocurrencies on the future of sports commerce and supporter participation. This declaration appears as the organization prepares for the 2026 World Cup, which the United States, Canada, and Mexico will host together. It gives the impression that FIFA is investigating how digital assets could affect the tournament experience and other things.