Mark Cuban Considers Launching a Meme Coin to Help Tackle the U.S. National Debt

Billionaire investor Mark Cuban recently floated an interesting idea on Twitter. He's thinking about launching his own meme coin, but with a twist.

Billionaire investor Mark Cuban is considering launching his own meme coin, with a unique twist. In a recent post on X, Cuban floated the idea of having all the proceeds from his token sales go directly to the U.S. Treasury to help tackle the national debt.

“If meme coins are the way, maybe I'll issue one,” Cuban wrote on X. “With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference. All the revenue from the sale of the coins go to the U.S. Treasury. The wallet address will be published so everyone can track it. If you want to gamble, gamble. But at least use it to make a dent in the U.S. Debt. You in?”

To provide some context, the U.S. national debt currently stands at a staggering $36.22 trillion, according to the U.S. Treasury. As you might expect, Cuban's post blew up on social media, garnering over 60,000 likes and sparking all kinds of reactions.

Some people were quick to call him out, reminding him that he had previously dismissed meme coins as “shit coins.” One user, “Injective AI Intern,” highlighted this contradiction, and Cuban responded by saying, “Just making the point. If it's a grift, make it a grift to benefit all Americans.”

Others, like journalist Brian Krassenstein, suggested that Cuban could split the funds — half to the Treasury, half to help lower prescription drug prices.

“Split the funds 50/50,” Krassenstein wrote. “Half to the U.S. Treasury and half to help lower prescription drug prices in America. Then everyone wins and we can get some much-needed help where it’s needed most, Mark Cuban.”

However, Cuban wasn't keen on picking favorites, stating that paying down the national debt was the best way to create broad benefits.

“I don’t want to pick favorites,” Cuban replied. “Paying down the national debt creates benefits for everyone and everything. Let's do this.”

Now, if you're familiar with Cuban and Trump, you know that they have a bit of a history. Cuban has been one of Trump's biggest critics, but at the same time, he's clearly paying attention to the financial success of the $TRUMP meme coin.

That token skyrocketed 1,000% in just two days, peaking at $71 before cooling off to about $26.40 by Jan. 27 — still a hefty 300% jump from its launch.

But not everyone is thrilled about the rise of political meme coins. Ethereum co-founder Vitalik Buterin has raised red flags, calling them a “perfect bribery vehicle.” His concern? Politicians could profit without anyone actually handing them money.

“If a politician issues a coin, you don't even need to send them any coins to give them money,” Buterin said. “Instead, you just buy and hold the coin, and this increases the value of their holdings passively.” Basically, it's a sneaky way for financial influence to creep into politics.

Of course, not everyone sees it that way. White House AI and crypto advisor David Sacks compared meme coins with collectibles — think baseball cards or stamps. In an interview with Fox Business, he said people aren't necessarily buying these tokens for financial gain but as a way to support or commemorate a political movement.

“I think of them more like baseball cards or stamps,” Sacks said. “People collect them because they like the candidate or the movement. I don't think most people are buying them as an investment to get rich.”

To each their own, I suppose. But personally, I find it hard to believe that people aren't at least partially motivated by the potential for financial gain when it comes to meme coins. After all, these tokens are designed to be scarce and valuable, and they can be traded on exchanges like any other cryptocurrency.

I guess we'll have to wait and see what happens if Cuban actually launches his own meme coin. Will it be a massive success like $TRUMP, or will it quickly fizzle out? Only time will tell.