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Home BlockchainWhat Is World Liberty Financial? The Trump Family DeFi Project Explained
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What Is World Liberty Financial? The Trump Family DeFi Project Explained

by Decrypt
written by Decrypt 0 comments
What Is World Liberty Financial? The Trump Family DeFi Project Explained

In brief

  • World Liberty Financial is an Ethereum-based DeFi project co-founded by U.S. President Donald Trump and his sons.
  • The project, which aims to “keep the dollar digital” and provide “loans for institutions and everyday users,” has launched a stablecoin called USD1 and a DeFi platform, World Liberty Markets.
  • The Trump family’s involvement in World Liberty Financial has sparked accusations of corruption from Democratic lawmakers, and a formal investigation into its dealings with a UAE-based firm.

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