Donald Trump Jr. denies his involvement with the Trump meme coin and confirms his focus on stablecoins and Bitcoin mining
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In a recent interview on CNBC, Donald Trump Jr. denied any role in launching or promoting the Trump meme coin, emphasizing that his interest lies in stablecoins and Bitcoin mining.
These statements come at a time when the Trump family is expanding into the digital currency space, as President Trump launched the meme coin $TRUMP before his inauguration, which reached a market value of 15 billion dollars before significantly declining.
Additionally, the family launched the "World Liberty Financial" project, which focuses on stablecoins, such as USD1 backed by U.S. Treasury bills, and aims to enhance the role of digital currencies in the financial system.
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For those who do not know, Donald Trump Jr. is the eldest son of American President Donald Trump from his first wife Ivana Trump