February 12th news, according to CoinDesk, a new podcast revealed that Galaxy and Ripple loans played a key role in crypto exchange MoonPay's response to the surge in demand after Donald Trump issued his official Meme on January 18. The market value of TRUMP tokens soared rapidly from nearly US$200 million at the time of issuance to over US$10 billion within 48 hours, successfully landing in the spot and futures markets of major exchanges, and achieved trading volume of over US$20 billion in two days. . However, this peak demand coincides with the weekend, and the subsequent Monday was a public holiday, which made MoonPay’s fiat currency account inaccessible and liquidity tight. To meet the trading needs of Trump tokens, MoonPay urgently needs more than $100 million in liquidity, and short-term loans become the only option. MoonPay senior executives estimate that it will require about $100 million in USD Coin stablecoins to deal with it. So MoonPay contacted Novogratz for a loan. After the agreement was reached, MoonPay quickly prepared the documents and verified its repayment capabilities through review by BlackRock executives. But demand for TRUMP tokens continues to rise, and the MELANIA token of First Lady Melania has also been launched on the market, making US$100 million of liquidity short. MoonPay had to seek an additional $60 million in funding. Grossman then contacted Ripple's Garlinghouse and admitted that he underestimated the demand for TRUMP tokens. After a rigorous scrutiny, including MoonPay's Wright, who has secured all of its personal assets, Ripple provides the additional funds needed. In addition, MoonPay also proved that its reserve capital has no lien. After a long weekend, MoonPay was finally able to use reserve funds on January 21 and fully repay all loans. The company added 750,000 new users that week.