$WLFI

MAKES HEADLINES AS ERIC TRUMP DECLARES: “STABLECOINS WILL SAVE THE US DOLLAR”

Eric Trump, son of former US President Donald Trump, is sparking major debate with his bold claim that stablecoins hold the key to preserving the dollar’s global dominance. At the center of the storm is USD1, the stablecoin launched by the Trump family’s company, World Liberty Financial (WLFI).

WLFI is up today at 0.2086 (+7.85%) as the controversy intensifies.

Key Talking Points

Conflict of Interest: Critics argue that the Trump family’s involvement in USD1 raises concerns about transparency and influence over the project.

Constitutional Violation: Attorney Andrew Russo labeled the move a “constitutional violation,” warning that the family’s ties to the stablecoin could erode trust.

Dollar Manipulation: Congresswoman Maxine Waters accused Donald Trump of seeking to “manipulate the dollar” for personal gain.

Mixed Reactions

Eric Trump’s Defense: He insists USD1, backed by US Treasuries and dollar deposits, will revolutionize cross-border payments and strengthen the dollar.

Federal Reserve Backing: Fed Governor Christopher Waller believes stablecoins can bolster the dollar’s global dominance.

European Pushback: European institutions warn that new regulations like the GENIUS Act might undercut the dollar in the long term.

As politics and crypto collide, WLFI emerges as the most talked-about project of the week, blending controversy with opportunity.

#WLFI #USD1 #TrumpCryptoSupport #StablecoinDebate #BinanceCommunity