#TrumpBitcoinEmpire
๐๐ง๐ต๐ฒ ๐ง๐ฟ๐๐บ๐ฝ ๐๐บ๐ฝ๐ถ๐ฟ๐ฒโ๐ ๐๐ฟ๐๐ฝ๐๐ผ ๐ฉ๐ฒ๐ป๐๐๐ฟ๐ฒ: ๐ก๐ฎ๐๐ถ๐ด๐ฎ๐๐ถ๐ป๐ด ๐๐ถ๐๐ฐ๐ผ๐ถ๐ปโ๐ ๐ฅ๐ผ๐น๐ฒ ๐ถ๐ป ๐ง๐ผ๐ฑ๐ฎ๐โ๐ ๐ฆ๐๐ผ๐ฐ๐ธ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ๐
The Trump family has made headlines with their bold foray into the cryptocurrency world. World Liberty Financial, launched in September 2024, has emerged as a cornerstone of their crypto empire. The ventureโs USD1 stablecoin, pegged to the U.S. dollar, has gained traction, notably being selected for a $2 billion investment by Abu Dhabi-based MGX into Binance, highlighting its growing influence in the global crypto ecosystem. Additionally, the Trump familyโs Official Trump (TRUMP) memecoin and Melania Trumpโs memecoin have captured attention, with the family holding significant stakes in these assets. Their involvement extends to Bitcoin mining through American Bitcoin, a subsidiary of Hut 8, where Eric Trump serves as Chief Strategy Officer.
These ventures are not just side projects; they represent a strategic push to capitalize on the rising prominence of digital assets. President Donald Trumpโs shift from calling Bitcoin a โscamโ in 2021 to championing it as a โcrypto presidentโ during his 2024 campaign underscores this pivot. His executive order to establish a U.S. strategic Bitcoin reserve, seeded with seized cryptocurrencies, signals a pro-crypto stance that could reshape regulatory landscapes and market dynamics.
