Trump Expands Crypto Empire with Stablecoin & ETFs
Trump’s Crypto Empire Expands with New Stablecoin and Investment Fund Plans.
President Donald Trump’s crypto empire continues to grow, with new ventures in both stablecoins and digital asset investment funds. His latest moves follow his unconventional approach to cryptocurrency, which could considerably increase his personal wealth while still in office.
World Liberty Financial, a cryptocurrency venture Trump co-launched last year, announced on Tuesday that it will be introducing USD1, a stablecoin pegged to the U.S. dollar at a 1-to-1 ratio. Stablecoins, which are typically tied to a government-backed currency or gold, have become one of the fastest-growing segments of the cryptocurrency market. Their stability makes them more…
