In a video uploaded to X yesterday Donald Trump announced the 16 September launch of World Liberty Financial, a crypto project touted by his son Eric.
“We are leading the future with crypto and leaving the slow and outdated big banks behind,” said Trump as he announced the launch.
Trump has positioned World Liberty Financial as a decentralized finance platform for bowing and lending previously, allowing users to store money in a digital wallet, offer a credit account system, borrow or lend cash to others and use tokens to invest in crypto assets.
Trump has promised strong support for the crypto community if elected in November. The political component of the project has led to division within the crypto community with speculators and scammers seeking to profit from the hype.
By Staff