Trump Media Announces Intention to Partner with Crypto.com to Launch ETFs
- World Liberty Financial announced the launch of USD1, a stablecoin pegged to the U.S. dollar, which is backed by Treasury bills and other stable assets.
- Zach Witkoff, a co-founder of World Liberty Financial, stated, "We’re offering a digital dollar stablecoin that sovereign investors can confidently integrate into their strategies for seamless, secure cross-border transactions."
- The Trump family, including Donald Trump and his sons, are promoting the World Liberty Financial project and acting as 'Web3 Ambassadors.'
- The launch of USD1 occurs amid ongoing controversies surrounding Trump's administration, including a scandal involving classified information.
152 Articles
152 Articles
Trump Media Looking To Partner With Crypto.com for Potential ETF Launch - The Daily Hodl
President Donald Trump’s media company has plans to launch a series of digital asset exchange-traded funds (ETFs) in partnership with the exchange Crypto.com. Trump Media and Technology Group plans to roll out the ETFs through the firm’s fintech brand, Truth.Fi, and Crypto.com’s broker-dealer Foris Capital. The ETFs will have a “Made in America” focus and will feature a basket of crypto assets, including Bitcoin (BTC), Cronos (CRO) and others, p…
Trump Family Venture Plunges Deeper Into Crypto With New ‘Stablecoin"
By Vicky Ge Huang The Trump family’s World Liberty Financial is launching a stablecoin, its latest bid to capitalize on a crypto-market revival kindled by the president’s election. World Liberty’s USD1 will be backed by short-term U.S. Treasurys, U.S. dollar deposits, and other cash equivalents, the company said Tuesday. The token will be issued on the Ethereum network and a blockchain created by Binance, the crypto exchange that has sought to f…
World Liberty Financial, a company supported by President Donald Trump, will launch a new stable called USD1, which will have a one-to-one ratio with the US dollar. A stablecoin is a cryptocurrency designed to minimize risks in the market, as it is linked to an asset of constant value, such as the dollar, the euro or gold, for example. This Tuesday, March 25, the company supported by Donald Trump issued a statement in which he announced the laun…
Trump team proposes 'Mar-a-Lago accord' to boost US economy
Members of President Donald Trump's economic team are pushing for a total reorganization of the international financial system that would — if it works — benefit the US. The reform plans have become known as the 'Mar-a-Lago accord."
Trump Media and Crypto.com partner on ETF offerings
Trump Media & Technology Group announced Monday that it's partnering with Crypto.com to launch exchange-traded funds (ETFs) and other products through its Truth.Fi brand.President Donald Trump's media company will offer the ETFs through Crypto.com's broker-dealer Foris Capital, which will include digital assets and securities with a "Made in America focus" across a variety of industries, including energy, according to the company.ETF offerings a…
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