Donald Trump to launch his own cryptocurrency platform

Donald Trump announces the upcoming launch of a cryptocurrency platform, which he presents as an alternative to the offerings of major banks and financial institutions.

“Americans have been squeezed by big banks and financial elites for too long. It’s time for us to fight back, together,” wrote the Republican candidate for the White House. on the X network and on his social network Truth Social.

Trump did not elaborate on the project, which will be called The DeFiant Ones.

The platform promised by Trump It will be based on decentralized finance or DeFi, which allows intermediaries such as a bank to be bypassed when carrying out transactions with third parties.

Donald Trump

Trump was unfavorable to cryptocurrencies during his presidency, calling them a “scam,” but he radically changed his position to the point of defending them.

At a major industry conference in Nashville, Tennessee, in late July, the Republican candidate promised that if elected to the White House he would be “the pro-innovation, pro-bitcoin president America needs.”


#Donald #Trump #launch #cryptocurrency #platform
2024-08-25 02:22:15

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.