- The World Liberty Financial encourages the dominance of the US dollar in DeFi project.
- WLFI also announced a collaboration with leading DeFi platform, Aave.
The upcoming decentralized finance (DeFi) project, World Liberty Financial, endorsed by the Donald Trump family, is focused on adopting the dominance of the dollar-pegged stablecoins to uphold U.S. financial supremacy.
The World Liberty Financial appeared on X with a series of tweets clarifying its DeFi strategy and confirming its collaboration with Aave.
WLFI stated on their X post,
“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.”
They further added that their motive is to make crypto and America great by driving the mass adoption of stablecoins and decentralized finance. WLFI believes that DeFi is the future, hence committed to making it accessible and secure for everyone.
By expanding the reach of stablecoins, the DeFi project, WLFI aims to counter the rise of alternative currencies from foreign nation-states and to keep the dollar’s financial influence for the next 100 years.
Additionally, 70% of the crypto project’s token, WLFI, will be reserved for the founders team and service providers. This is likely a large share compared to other similar projects. The remaining will be obtainable through public sale. Although, the WLFI token will be non-transferable and locked.
Notably, the Trump family has repeatedly warned the community not to fall for fake projects and tokens that defraud people. Yesterday, hackers breached the social media accounts of Trump’s family members—Lara and Tiffany Trump. Hackers put out fraudulent messages about the token of the upcoming World Liberty Financial project.
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Source: https://thenewscrypto.com/trump-familys-defi-project-to-leverage-stablecoin-to-ensure-usd-dominance/