Former President Donald Trump’s new crypto project, World Liberty Financial, has big plans. They’re aiming to spread the use of US dollar-pegged stablecoins around the world, making them the go-to currency for decentralized finance (DeFi).
A World Dominated by Stablecoins
The project, previously known as The DeFiant Ones, believes that DeFi is the future and that stablecoins are key to making it accessible and secure for everyone. They see stablecoins as a way to ensure the US dollar remains the dominant currency on the global stage.
Fighting the Big Banks
Trump and his team launched the project last month, saying they want to give everyday Americans a way to fight back against big banks and financial elites. They believe DeFi offers a fairer and more accessible financial system.
Security and Partnerships
World Liberty Financial is working with cybersecurity experts and the popular DeFi lending platform Aave to make their vision a reality.
Hacking Drama
Recently, the X accounts of Lara and Tiffany Trump were hacked. The hackers posted about World Liberty Financial and linked to crypto scams.
Disclaimer: This information is for general knowledge only and should not be considered investment advice. Always do your own research before investing in cryptocurrencies.
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