Donald Trump

World

Liberty

DeFi

<ul>
 <li>The World Liberty Financial encourages the dominance of the US dollar in DeFi project.</li>
 <li>WLFI also announced a collaboration with leading DeFi platform, Aave.</li>
</ul>
The upcoming decentralized finance (DeFi) project, World Liberty Financial, endorsed by the Donald Trump family, is focused on adopting the dominance of the dollar-pegged stablecoins to uphold U.S. financial supremacy.&nbsp;
The World Liberty Financial appeared on X with a series of tweets clarifying its DeFi strategy and confirming its collaboration with Aave.&nbsp;
WLFI stated on their X <a href="https://x.com/worldlibertyfi/status/1831348462635397271" target="_blank" rel="noopener noreferrer nofollow">post</a>,&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “By spreading U.S.-pegged stablecoins around the world, we ensure that the U.S. dollar’s dominance continues, securing America’s financial leadership and influence on the global stage.”&nbsp;
</blockquote>
They further added that their motive is to make crypto and America great by driving the mass adoption of stablecoins and decentralized finance. WLFI believes that <a href="https://thenewscrypto.com/defi-protocols-fee-accumulation-drops-to-lowest-since-february/" target="_blank" rel="noopener noreferrer nofollow">DeFi</a> is the future, hence committed to making it accessible and secure for everyone.&nbsp;
By expanding the reach of stablecoins, the DeFi project, WLFI aims to counter the rise of alternative currencies from foreign nation-states and to keep the dollar’s financial influence for the next 100 years.&nbsp;
Additionally, 70% of the crypto project’s token, WLFI, will be reserved for the founders team and service providers. This is likely a large share compared to other similar projects. The remaining will be obtainable through public sale. Although, the WLFI token will be non-transferable and locked.&nbsp;
Notably, the Trump family has repeatedly warned the community not to fall for fake projects and tokens that defraud people. Yesterday, hackers <a href="https://thenewscrypto.com/hackers-exploit-trump-family-x-accounts-for-crypto-scam-promotion/" target="_blank" rel="noopener noreferrer nofollow">breached</a> the social media accounts of Trump’s family members—Lara and Tiffany Trump. Hackers put out fraudulent messages about the token of the upcoming World Liberty Financial project.&nbsp;
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Trump Family’s DeFi Project to Leverage Stablecoin to Ensure USD Dominance

TheNewsCrypto

Other articles published on Sep 5, 2024

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