FILE - Republican presidential nominee former President Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally.
World Liberty Financial is expected to be a borrowing and lending service similar to recently hacked Dough Finance, an app built by four people listed as World Liberty Financial team members, If elected again, Trump has talked about exerting more control over monetary policy — suggesting he would press the Federal Reserve to set lower interest rates. He is also promoting decentralized finance, or “DeFi,” which is a general term for using public blockchain space to disrupt the traditional finance world.
Dustin Stockton, a pro-Trump activist turned crypto influencer, said he is supportive of the former president’s endeavors in the crypto space and the upcoming launch of World Liberty Financial.