Former President Donald Trump announces the launch date of World Liberty Financial, his new decentralized finance (DeFi) crypto project.
In a new video update posted to social media platform X, the Republican presidential candidate said his DeFi platform — which he previously said was aimed at helping people excluded from the traditional banking system — will launch on Monday, September 16.
Trump says,
“Join me live on Twitter Spaces at 8pm ET on September 16th for the launch of World Liberty Financial. We’re embracing the future with crypto and leaving behind slow, outdated big banks.”
Earlier this month, the project released a statement about its roadmap stating that its mission is to spread dollar-pegged stablecoins and the concept of decentralized finance around the world.
World Liberty Financial believes that stablecoins are the heart of DeFi and says it wants to ensure that digital assets pegged to the US dollar remain the global settlement layer for DeFi protocols.
“Our mission is crystal clear: to make crypto and America great by driving mass adoption of stablecoins and decentralized finance. We believe DeFi is the future and are committed to making it accessible and secure for all.”
By disseminating US-pegged stablecoins around the world, we ensure that the dominance of the US dollar will continue, thereby securing America’s financial leadership and influence on the world stage.
The project also noted that it was working closely with cybersecurity firms and popular DeFi platform Aave (AAVE) to advance its goals. Trump initially announced the project’s launch in August. At the time, it was known as The DeFiant Ones.
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