Trump Administration Pushes Blockchain Technology for USAID: What It Means for Crypto

The Trump administration is considering integrating blockchain technology into the U.S. Agency for International Development (USAID). A newly revealed memo suggests that officials believe blockchain can improve transparency and efficiency in aid distribution. The proposal has sparked discussions on its potential benefits and challenges. While some experts see it as a step toward modernization, others raise concerns about regulatory oversight. The inclusion of Elon Musk’s Dogecoin unit in the discussions has also drawn attention. As debates continue investors are watching the impact on DOGE price prediction and the broader crypto market.

USAID’s Blockchain Proposal and Market Reactions

Trump administration aims to introduce blockchain technology to USAID operations. While focusing on tracking aid distribution and preventing fraud. Supporters argue that blockchain’s decentralized nature can enhance transparency and accountability. The proposal mentions exploring Dogecoin’s possible function. Which could be inspired by Elon Musk’s support for crypto-based financial systems.

However, regulatory hurdles remain a key concern. Critics argue that integrating blockchain technology into government programs requires strict oversight. They warn that without clear crypto regulations, adoption may face legal challenges. Some experts also question whether Dogecoin is the right choice for such an initiative due to its volatility.

The news has sparked speculation in the market. While some investors see the proposal as a bullish signal, others remain cautious. Analysts suggest that if USAID successfully adopts blockchain, it could drive broader institutional acceptance. Meanwhile, DOGE price prediction remains uncertain as traders assess the potential impact. As discussions unfold, the proposal highlights the growing influence of blockchain technology in government sectors. Whether this initiative moves forward will depend on regulatory decisions and market responses.

DOGE Struggles Near Support as Bears Push for Breakdown

The trading day of March 20th began with an overbought state, facing resistance at $0.17919. A death cross at 00:20 UTC triggered a downward trend. By 5:25 UTC, an oversold condition pushed the price further down. At 10:25 UTC, another oversold signal helped DOGE find support at $0.17096. A golden cross at 11:15 UTC suggested a recovery, but a death cross at 15:00 UTC led to a breakdown. DOGE found new support at $0.16662, with a golden cross at 17:05 UTC, sparking an upward trend.

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 21, 2025

March 21st continued with this bullish momentum, but an overbought condition created resistance at $0.17158. A death cross at 2:50 UTC initiated a downward move. At 10:30 UTC, DOGE tested support but failed to break down. However, at 12:35 UTC, another death cross pushed prices lower, signaling a potential breakdown at $0.16662. The DOGE price prediction depends on the next move. If the downward trend continues, DOGE could confirm a breakdown below $0.16662. If buyers regain control, DOGE may reverse and target a breakout above $0.17158. Traders should watch for trend confirmations before making decisions.

Trump Administration’s Blockchain Push: Impact on DOGE 

The Trump administration’s push for blockchain technology in USAID signals growing government interest in crypto. If adopted, it could set a precedent for wider blockchain integration in public services. However, regulatory challenges may slow down implementation. The market reaction to this news has been divided, particularly about Dogecoin’s possible involvement. Some investors consider it as a bullish indicator, while others remain skeptical. According to DOGE price prediction, if positive sentiment grows, DOGE could attempt to break key resistance levels. However, if regulatory uncertainty dominates, the price may struggle to gain momentum. Traders will closely watch further developments for potential market shifts.