Trump’s crypto-adventure presents a stablecoin

World Liberty Financial, the cryptocurrency company launched by Donald J. Trump and his sons, announced Tuesday that it planned to sell a digital currency called Stablecoin, deepening the president’s financial ties with the crypto while its administration softens the application of the industry.

The ecuniques would be known as USD1, the company wrote In an article on social networks, without revealing when it is put up for sale. Stablecoins, a popular form of cryptocurrency, are designed to maintain a constant value of $ 1, which makes them useful for many types of cryptographic transactions.

“No games. No gadgets. Just real stability ”, World Liberty poster on his account x.

Stablecoin is the fourth digital currency that Mr. Trump and his business partners have marketed with the public in the past year. World Liberty already offers a cryptocurrency called WLFI. This month, the company announcement He had sold $ 550 million in these digital parts. A commercial entity linked to Mr. Trump receives a 75% drop in sales.

A few days before its inauguration, Mr. Trump also started to sell a so -called same – a type of digital currency based on an online joke or a celebrity mascot. Melania Trump put her own same on the market the same weekend.

And in recent months, Trump has started joining Crypto in his social media company, Trump Media & Technology Group, the parent company of Truth Social. Trump Media announced this week that it would work with Crypto.com, a digital currency trading platform, to offer investment products related to Crypto.

Mr. Trump’s aggressive incursions on the cryptography market came at the same time as his administration facilitates the application of cryptographic companies and return regulations. His efforts to take advantage of an industry that he supervises equivalent to a huge conflict of interest, with practically no precedent in American history, said government ethics experts.