Former President Donald J. Trump is teasing the launch date of his sons’ new crypto challenge dubbed “World Liberty Financial.”
Donald Trump is teasing the upcoming launch of World Liberty Monetary, a crypto challenge his household has been selling over the previous few weeks.
In a video posted on his X account on Sept. 12, Trump referred to as on his followers to affix him for a stay Twitter Areas occasion on Sept. 16, the place he plans to formally unveil World Liberty Monetary.
“We are embracing the future with crypto and leaving the slow and outdated big banks behind.”
Donald J. Trump
The teaser follows rising hypothesis in regards to the Trump household’s involvement within the crypto house. In early August, Donald Trump Jr. and Eric Trump hinted at upcoming crypto-related developments, with each suggesting that the household had important plans to enter the market.
These hints have been later confirmed, when experiences surfaced saying that the Trump-backed enterprise will probably be constructed on Aave, a decentralized finance platform, and Ethereum’s blockchain. The challenge will reportedly give attention to making a “credit account system” whereas driving the adoption of stablecoins.
Safety has been highlighted as a major concern for World Liberty Monetary, because the group behind the challenge is working with top-tier safety specialists, together with PeckShield, Zokyo, and BlockSecTeam, to make sure the platform’s security. In line with an alleged official Telegram channel, the challenge’s code has been “thoroughly reviewed” by trade leaders to stop safety vulnerabilities.
The timing of the announcement additionally coincides with an incident earlier in September when Lara and Tiffany Trump’s X accounts have been hacked, posting a couple of token purportedly related to World Liberty Monetary.
