Donald Trump Jr. has spoken out for the first time about why the Trump family embraced cryptocurrencies, stating it wasn't a business move or trend-following, but rather a response to necessity. His comments come amid growing controversy surrounding President Donald Trump’s ties to the TRUMP meme coin, with some Democratic lawmakers even accusing him of corruption.
🔍 From Privileged to Shut Out
In an interview with CNBC, Don Jr. revealed that before entering crypto, the family had easy access to the traditional financial system (TradFi). But that changed dramatically when Donald Trump announced his intention to run for president again. According to him, the family quickly learned how easily financial privileges could be taken away — much like what ordinary people face every day.
“We realized we were stuck in a system that’s not democratic at all,” Don Jr. said. “Suddenly, we were denied access to the very tools we once took for granted.”
💡 Turning to Crypto as a Defense
Faced with this new reality, the family turned to crypto — not because it was “the next cool thing,” but because they saw decentralized finance (DeFi) as a fairer alternative. Don Jr. emphasized that crypto creates an equal-opportunity environment, where the rules are the same for everyone.
🪙 Trump Media Goes All-In on BTC
This revelation follows recent news that Trump Media plans to use $2.32 billion of its raised capital to purchase Bitcoin. The company secured $2.44 billion from share and bond sales.
Other crypto ventures associated with the Trump family include:
🔹 America Bitcoin – a mining company co-founded by Eric Trump
🔹 World Liberty Financial (WLFI) – a project they support
🔹 A US dollar-backed stablecoin – aimed at supporting dollar dominance
🤖 What About the TRUMP Meme Coin?
Trump Jr. also addressed the controversial TRUMP meme coin, which has been linked to the president. He clarified that this token is not under their control, and nobody knows exactly where it originated. He stressed that the family’s focus is instead on mining and building legitimate stablecoin infrastructure.
🏛️ Political Heat Rising
While the Trump family defends their actions, political pressure is mounting. Representative French Hill recently warned that the president’s ties to crypto were complicating efforts to pass crypto legislation. Instead of working on a regulatory framework, Democrats are zeroing in on Trump’s financial connections.
💬 “Stablecoins Will Preserve the Dollar, Not Threaten It”
Finally, Don Jr. argued that crypto doesn’t threaten U.S. dollar dominance — in fact, he believes stablecoins could help preserve it. By enabling the digital distribution of the dollar worldwide, he said, they’re more likely to reinforce American influence than undermine it.
#TRUMP , #TrumpCrypto , #CryptoAdoption , #Stablecoins , #CryptoNewss
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