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Cryptocurrency News Articles
World Liberty Financial (WLFI) continues to make headlines, extending its reach in the crypto arena
May 01, 2025 at 06:58 pm
The Trump family’s World Liberty Financial (WLFI) continues to make headlines, extending its reach in the crypto arena.
This follows recent developments during Token2049 in Dubai, where the family’s DeFi venture was a prominent topic of discussion.
Here’s what users need to know about World Liberty Financial.
World Liberty Financial’s USD1 Integrates With Tron
Announced during the Token2049 event, Eric Trump revealed the integration of World Liberty Financial’s USD1 stablecoin with Tron.
Launched earlier this year to promote dollar dominance, the USD1 stablecoin is pegged to the dollar and backed by short-term US treasuries and cash equivalents.
However, despite this integration, USD1 will be deployed as a TRC-20 token on the Tron blockchain. This would allow USD1 to leverage Tron’s high-throughput, low-cost blockchain for transactions, smart contracts, and DeFi applications.
suggesting broader interoperability for the stablecoin beyond BNB Smart Chain (BSC) and Ethereum.
This move comes as no surprise considering recent ties between World Liberty Financial and Tron founder Justin Sun.
As BeInCrypto reported, Sun invested up to $30 million in the DeFi venture, making him the project’s largest investor. Following this investment, the project named him an advisor, highlighting his role in the venture.
Recent reports speculate that Sun may attend President Trump’s exclusive dinner for top TRUMP token holders next month. This speculation arises as Sun’s HTX cold storage wallet currently leads the TRUMP leaderboard, fueled by his social media activity related to the token.
The rumors concerning Sun's potential attendance at the dinner began circulating on X (formerly Twitter) after a user claimed that President Trump is organizing an exclusive dinner for the top 50 TRUMP token holders next month.
The post went on to speculate that, given his significant investments and contributions to the TRUMP project, Sun might be invited to the dinner.
Highlighting Sun's enthusiasm for the TRUMP token, the post showcased a screenshot of Sun's post on X, where he expressed his belief in the future of Web3 and invited his followers to join him in this journey.
The post also mentioned that Sun's cold storage wallet, HTX, currently ranks first on the TRUMP leaderboard, showcasing his active participation in the token community.
Despite the gravity of this integration, it was no surprise considering recent ties between World Liberty Financial and Tron founder Justin Sun.
As BeInCrypto reported, Sun invested up to $30 million in the DeFi venture, making him the project's largest investor. Following this investment, the project named him an advisor, highlighting his role in the venture.
Recent reports speculate that Sun may attend President Trump's exclusive dinner for top TRUMP token holders next month. This speculation arises as Sun's HTX cold storage wallet currently leads the TRUMP leaderboard, fueled by his social media activity related to the token.
The rumors concerning Sun's potential attendance at the dinner began circulating on X (formerly Twitter) after a user claimed that President Trump is organizing an exclusive dinner for the top 50 TRUMP token holders next month.
The post went on to suggest that, given his significant investments and contributions to the TRUMP project, Sun might be invited to the dinner.
Highlighting Sun's enthusiasm for the TRUMP token, the post showcased a screenshot of Sun's post on X, where he expressed his belief in the future of Web3 and invited his followers to join him in this journey.
The post also mentioned that Sun's cold storage wallet, HTX, currently ranks first on the TRUMP token leaderboard, showcasing his active participation in the token community.
This speculation comes after President Trump announced the launch of his own cryptocurrency, named TRUMP, in December 2023.
The token is touted as a valuable addition to the Trump family portfolio, offering unique benefits and broad appeal.
The Trump family is reportedly seeking to expand the token’s reach through partnerships and collaborations.
Earlier this year, rumors emerged that the Trump family was planning to launch a new stablecoin called USD1, backed by short-term U.S. treasury instruments, aiming to promote dollar dominance in the digital asset landscape.
Later, rumors emerged that the Trump family was planning to launch a new stablecoin called USD1, backed by short-term U.S. treasury instruments, aiming to promote dollar dominance in the digital asset landscape.
This move was seen as a response to the growing popularity of stablecoins like Tether (USDT) and Circle's USDC, which are widely used in the crypto ecosystem.
The goal was to introduce a competitive offering that could appeal to both institutional and retail investors.
The rumors concerning the stablecoin launch and the Trump family's broader crypto endeavors come amid a backdrop of increasing mainstream interest in cryptocurrencies.
The
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