#TrumpBitcoinEmpire
š¢ Trump's Crypto Empire Updates šØāØ
Donald Trump's crypto journey has taken a significant turn, transforming his business empire to embrace digital assets. His media company, Trump Media & Technology Group (TMTG), has invested $2 billion in Bitcoin and crypto-related securities. Trump's crypto ventures include:
- World Liberty Financial:
A DeFi project endorsed by Trump and his family, aiming to strengthen the global status of the US dollar in DeFi. The project's governance token, WLFI, recently became tradable after a governance proposal passed with huge support.
- Stablecoin Initiative:
Trump-backed bills, such as the GENIUS Act, aim to establish a framework for private companies to issue stablecoins, promoting dollar-backed stablecoins like USDT, which recently hit a $160 billion market cap.
- Crypto-Friendly Policies:
Trump's administration has introduced policies supporting digital assets, including an executive order to bolster American leadership in digital financial technology and regulatory clarity for crypto.