On January 21, Mark Cuban, a billionaire and co-founder of Cost Plus Drugs, proposed the idea of creating memecoin to finance the repayment of U.S. national debt. On January 21, Cuban said that if memecoin were "mainstream", he might issue an official memecoin similar to that of US President Donald Trump. The terms and timeline of the token would be the same as Trump's, he said, but all proceeds would be used to pay off US Treasury bonds.