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Trump introduces family’s crypto project, solidifying pro-crypto stance

Article by Grace Broadbent  |  Sep 17, 2024
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Trump introduces family’s crypto project, solidifying pro-crypto stance
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Digital Payments
United States

The news: Former President Donald Trump rolled out the World Liberty Financial cryptocurrency venture, per a livestream on X (formerly Twitter).

  • Trump has promoted the venture since August but gave no launch date or details in the livestream. The former president avoided answering questions about cryptocurrency.
  • World Liberty Financial’s stated mission is to drive the “mass adoption of stablecoins.” Some people involved have pitched it as a borrowing and lending service used to trade cryptocurrencies, per the New York Times.

Trump is the organization’s “chief crypto advocate,” and his three sons are also listed as leaders.

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