“There is a famous saying that sometimes your enemy is actually your best friend,” Eric Trump told the crowd in a consensus in Toronto, Canada. “That were the triumphs with the cryptographic community. And I think the banks made the greatest mistake of their lives.”
The son of US president Donald Trump and Bitcoin co -founder BTC$103,626.58 The American Bitcoin mining company is also an advisor to World Liberty Financial (WLF), which recently launched a stablecoin backed by US dollar, USD1, which has already reached $ 2 billion in market capitalization.
The WLF co -founders joined Trump on stage on Friday when they announced that the USD1 was now operable in multiple blockchains through the Cruzada chain interoperability protocol of Chainlink (CCIP).
Trump painted a vivid image of personal complaint turned into ideological conviction, claiming that he was “canceled” by the main financial institutions for his political views that later interested him in cryptography as a shield against the financial guard.
“Many of the banks have been armed and I was in example,” said the son of the president of the United States. “He was probably the most canceled person for doing absolutely bad, just because we had a political vision and a political vision that could not have been popular among some of the great institutions and financial types, they came after me as if it were a dog.”
USD1, he said, is a patriotic financial tool for people in unstable or corrupt regimes.
“It gives so much freedom of financial choice, especially markets and countries where people have never had any financial freedom, they had never had any financial independence, it could be in a country where it is torn, where it is subject to corruption, it is subject to ridiculous inflation,” he said. “Every day they will work and their money is burning under their mattress, and suddenly, we give the world the ability to be in the US dollar one by one by the treasure bonds.”
Today early, lawyers representing WLF backed up against the scrutiny of the American senator Richard Blumenthal, the main Democrat in a panel responsible for investigating corruption and poor management, who had asked about the property and investment structure for the entities affiliated with Trump, including WLFI, in a letter last week.
