Donald Trump hasn't adopted Liberty Coin as an alternative to the US dollar.
However, Trump-backed World Liberty Financial has proposed using dollar-pegged stablecoins to "Make America Great". This project aims to raise $300 million by offering 20% of its token supply at a $1.5 billion valuation. The team behind World Liberty Financial believes stablecoins can support the US economy and make financial opportunities more accessible.
*Key Points about World Liberty Financial:*
- *Backing*: The project is backed by Donald Trump
- *Objective*: To promote dollar-pegged stablecoins over speculative assets like Bitcoin
- *Token Sale*: The project plans to raise $300 million through token sales
- *Valuation*: The fully diluted valuation is set at $1.5 billion
It's worth noting that there's also a "Trump Liberty Coin" that has been circulating online, but its legitimacy is questionable. A spokesperson for Trump denied any connection to a coin offering, and Bank of America also stated they have no connection to these coins ¹ ².