Trump teases launch date for crypto project to ‘leave outdated banks behind’

Former President Donald J. Trump is teasing the launch date of his sons’ new crypto project dubbed “World Liberty Financial.”

Donald Trump is teasing the upcoming launch of World Liberty Financial, a crypto project his family has been promoting over the past few weeks.

In a video posted on his X account on Sept. 12, Trump called on his followers to join him for a live Twitter Spaces event on Sept. 16, where he plans to officially unveil World Liberty Financial.

“We are embracing the future with crypto and leaving the slow and outdated big banks behind.”

Donald J. Trump

The teaser follows growing speculation about the Trump family’s involvement in the crypto space. In early August, Donald Trump Jr. and Eric Trump hinted at upcoming crypto-related developments, with both suggesting that the family had significant plans to enter the market.

These hints were later confirmed, when reports surfaced saying that the Trump-backed venture will likely be built on Aave, a decentralized finance platform, and Ethereum’s blockchain. The project will reportedly focus on creating a “credit account system” while driving the adoption of stablecoins.

Security has been highlighted as a primary concern for World Liberty Financial, as the team behind the project is working with top-tier security experts, including PeckShield, Zokyo, and BlockSecTeam, to ensure the platform’s safety. According to an alleged official Telegram channel, the project’s code has been “thoroughly reviewed” by industry leaders to prevent security vulnerabilities.

The timing of the announcement also coincides with an incident earlier in September when Lara and Tiffany Trump’s X accounts were hacked, posting about a token purportedly associated with World Liberty Financial.

Source: https://crypto.news/trump-teases-launch-date-for-crypto-project-to-leave-outdated-banks-behind/