Former U.S. President Donald Trump has recently announced a new cryptocurrency platform called “The DeFiant Ones.” This announcement was made via his social media network, Truth Social, and has generated significant buzz in the crypto#.

The Announcement

Trump’s announcement emphasized the need to challenge the traditional banking system, which he claims has long squeezed the average American. He stated, "For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand — together"3. This marks a significant shift in his stance on cryptocurrency, as he previously dismissed it as a “scam.”

The Platform

While specific details about “The DeFiant Ones” remain undisclosed, it is suggested that the platform aims to serve unbanked and underserved communities2. The project is being promoted as a way to provide equitable access to financial services, potentially through tokenizing real-world assets or offering digital real estate3.

Family Involvement

Trump’s sons, Eric and Donald Jr., have been actively involved in promoting the project. Eric Trump recently described the platform as “digital real estate,” highlighting its potential to shake up the world of banking and finance3. The Trump family has been teasing this announcement for weeks, building anticipation within the crypto community1.