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Eric Trump, co-founder of the World Liberty Financial (CRYPTO: WLFI) platform, said Wednesday that stablecoins could inject trillions into the U.S. economy and safeguard the dollar.

During an interview with CNBC on the sidelines of the World Liberty Forum at Mar-a-Lago, Trump said that these cryptocurrencies, pegged 1:1 to the dollar, could ramp up demand for the greenback.

“Stablecoins are going to bring literally trillion dollars into the U.S. economy. It arguably could save the dollar,” he stated.

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