🇺🇸 Trump May Have Sold Platform Stake as U.S. Stablecoins Get a Boost
🔻 Trump family cuts stake in crypto venture World Liberty Financial (WLF) from 60% to 40%, amid rising scrutiny.
💰 Stake linked to DT Marks DEFI LLC, quietly sold after June 8 — buyer undisclosed.
🪙 WLF recently launched USD1 stablecoin, backed by U.S. Treasuries and reserves held by BitGo.
🔗 Issued on Ethereum and Binance-linked networks, aiming for transparency with regular audits.
🏛 GENIUS Act passed by Senate (68–30) — brings legal clarity to stablecoins.
⚠️ Criticism arises as the bill exempts the President and his family, sparking conflict-of-interest concerns.
🧠 Strategic timing? Stake reduction may help Trump avoid backlash while backing favorable crypto legislation.
📊 USD1 gaining momentum as regulation aligns with institutional-grade compliance.
Bottom Line: $TRUMP crypto exit move comes as U.S. stablecoins receive green lights from regulators—raising eyebrows and opportunities in equal measure.