Trump-Backed World Liberty Financial Says Dollar-Pegged Stablecoin And Not Bitcoin Is The Best Way To ‘Make America Great’
Posted On October 15, 2024
The team behind World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump, stated that the best way to “Make “America Great” using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins rather than speculative, risky assets.
What happened: The team held a live stream via X Spaces Monday to give details about the widely-publicized project ahead of a token sale.
Zak Folkman, part of the founding team, said that the platform was inspired by the ideals envisioned by Donald Trump, which is to make financial opportunities accessible to everyone while at the same time supporting the U.S. economy
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