According to BlockBeats, U.S. President Donald Trump has successfully repaid a $114 million loan through cryptocurrency, brand licensing, and his personal media platform. The funds may have originated from the sale of TRUMP coins. Previously reliant on shadow banks like Ladder Capital for financing, Trump has shifted towards cryptocurrency and brand licensing as new avenues for wealth accumulation.
Trump's refinancing success highlights the potential of crypto assets as a funding source, particularly through Bitcoin and his own TRUMP coin, to improve financial standing in the short term. His actions have sparked interest in the application of cryptocurrencies within traditional business sectors.
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