President Trumps Crypto Firm Expands Relationship With Embattled Blockchain Billionaire

Image for article President Trumps Crypto Firm Expands Relationship With Embattled Blockchain Billionaire
News Source : Forbes

News Summary

  • Donald Trump and his family control about 40% of World Liberty Financial
  • In April, the firm launched a stablecoin, USD1, pegged to the U
  • S
  • dollar and backed by Treasuries and cash equivalents
  • On June 11, Tron founder Justin Sun announced his blockchain had begun minting USD1
Donald Trump has deepened his ties with Chinese billionaire Justin Sunwhos fighting civil charges in the United States of fraud and market manipulationas the presidents stablecoin begins minting on S [+6529 chars]

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