Trump Family’s DeFi Project Champions US-Pegged Stablecoins as Global Settlement Solution
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The Trump family’s DeFi venture, World Liberty Financial, on Wednesday proposed US-pegged stablecoins for broader adoption, despite initially providing limited details on what it hopes to achieve.
The team declared on its official Telegram channel their intention to ensure US-pegged stablecoins serve as the global settlement layer for the next century.
“The US dollar has been the backbone of global finance for decades, but it’s now under attack by foreign nation-states,” it said.
“By spreading US-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,” the team added.
[6/7] 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.
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