A pro-crypto super PAC with ties to Tether executives has made its first reported spend, directing $300,000 to an advertising firm for a Georgia U.S. House race, according to new filings with the Federal Election Commission (FEC).
First Ad Buy Filed With FEC
FEC records dated April 8, 2026, show that Fellowship PAC reported a $300,000 expenditure to Nxum Group LLC for advertising. The filing indicates the ad buy supported Clay Fuller in a Georgia U.S. House contest. This marks the committee’s first recorded expenditure.
Links to Tether Leadership
The recipient vendor, Nxum Group LLC, was co-founded by Tether’s U.S. CEO, according to the filing. Tether is the issuer of the USDT stablecoin. The relationship underscores the growing overlap between cryptocurrency industry leaders and emerging political advocacy efforts.
Why It Matters
- Fellowship PAC is positioning itself as a pro-crypto political player, entering the race with a six-figure ad purchase.
- Super PACs can raise and spend unlimited funds on independent expenditures but are required to disclose spending to the FEC and are barred from coordinating directly with campaigns.
- The move reflects the cryptocurrency sector’s increasing engagement in U.S. policy debates, including issues such as stablecoin oversight and broader digital asset regulation.
Disclosure and Next Steps
Additional details on Fellowship PAC’s spending and activities are expected through subsequent FEC disclosures, as required by federal campaign finance rules.