Debanked And ‘Downtrodden’ Eric, Donald Jr. Inspired Creation Of Trump Family-Backed Crypto Project, Says Co-Founder

World Liberty Financial co-founder Zach Witkoff described the origins of the project and its ties to the Trump family in an interview aired Tuesday.

‘Putting The Hands Back In The Power Of The People’

During an interview with journalist Colin Wu, Witkoff revealed that the idea was born out of a conversation with fellow co-founders Donald Trump Jr. and Eric Trump, who were “downtrodden” after being debanked by two major U.S. banks.

“And we started to talk about what the solutions were,” Witkoff added. “And the solution really revolved around a democratized system that revolved around a stablecoin.”

Full story available on Benzinga.com