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President Donald Trump continues to grow the portfolio of the cryptist. Its cryptist world freedom has launched a token of a token in a token or an hour of an hour in a Fiat Currency for a Fiat Currency for Bitcoin or Ethereum. Their name is designed to avoid stablecoins because it is intended. A reserve that returns Stablecoin in each other is usually obtained by creating cash or treasury bills.
Stablecoins can serve as a cash equivalent, and are especially popular with traders because they provide shelter from volatility. Investors do not require cryptage to go to the Fiat Currency. The two largest stablecoins are USDT and USDC, respectively $ 143 billion and $ 60 billion.
Stablecoins is a great job. Tether, the company behind the USDT, it stated that it sank for $ 13 billion in 2024 Financial Statement. And circle, the company behind the USDC is reported planning to go to the public.
Circle the stablecoins with the US dollars, treasures, or the tranches that are obliged to us. Stablecoins are interested in the owners, Stablecoin issuers can sometimes make 5% discount from the treasures that increase productivity. It’s easy money. The intestinal has earned billions only with about 100 employees August. For comparison, Cisco, Telecom giant, needed 90,000 employees net for $ 12.6 billion.
In August, the World Freedom is one of the Trump’s Crypto products that announce Financial Freedom Financial Nfts and a Memecoin. The project is directed on defense or irrelevant finance. Deficients are intended to repeat the loan and lenders of banks, but in the blockchains.
The world’s freedom financial product plans are uncertain. There are still several details on what the platform of its website has not yet been commissioned. Of the project “gold paper“He intends to be a center that users can enter a set of definitions such as decentralized lenders or decentralized crypto exchanges. Trump is listed as a” head cryptist lawyer. “
The World Freedom Finance Product is still dressing, but allowed people take Your own cryptist: $ WLFI. Token allows users to vote for certain proposals that manage the Defi platform, which is still started on the beginning of the gold paper.
Investors flooded the Trump family cryptist. On Tuesday, the project announced that it was removed $ 550 million In token sales. There are ethical experts enlarged An alarm about the potential for Cryptocurrency’s Pedrling. As an example, some Critics Justin’s target pointed to the sun court The purchase of WLFI worth $ 75 million from the Securities and Exchange Commission and its public.
The list of participants in the project is a mixture of Trump Family members, focus and cryptist developers. President’s Sons-Barron, Eric and Donald Jr.-World Freedom Finance ‘Internet ambassadors. “Steve Witkoff, a trump is listed as Alex and Zach Kofounders, both Sadalist and real estate magnate.
And two definitions are listed as codounders in Zak Folkman and Chase Herro. The double cryptist was behind cryptoal currency suffering Hack $ 2 million in July.
This story was first displayed Fortune.com