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The Trump family discreetly reduced their participation in the cryptographic platform World Liberty Financial (WLF) in a in-depth examination of the participation of trumps cryptography.
According to June 19 report By Forbes, DT Marks DEFI LLC, a company controlled by Trumps, held a 75% stake in WLF in December 2024.
But the WLF website said that the company held “around 60%” in January. Then, the participation was reduced to 40% at a given time after June 8, according to the report.
It is not known if this decision was profitable for the Trump family. An analysis of Forbes suggested that the product of this sale could rise to millions of dollars.
World Liberty Financial begins to issue a stablecoin as the engineering law progresses
The Trump family is active in many cryptographic companies. More recently, their WLF company began to issue its stablecoin USD1, a crypto set 1: 1 to the US dollar. It’s like the benchmark Genius Progress in the legislative process, recently adopting the US Senate with crushing Bipartisan support.
The USD1 experienced a strong start, the president of the United Arab Emirates (water) agreeing to use the stablecoin for an investment of $ 2 billion in the crypto exchange.
On June 11, USD1 was also struck on the Tron Blockchain, which was founded by a controversial billionaire from Crypto Justin Sun.
Continuous control 🦅☝️
The first USD1 struck on a tron - just the start of something much larger.
Appreciate @Justinsuntron. Let’s reduce USD1 everywhere.– WLFI (@Worldlibertyfi) June 11, 2025
It was after the sun has become the largest holder of the official Trump (Trump) play and attended a exclusive event Hosted for the best token holders earlier this year.
Currently, Stablecoin is the fifth largest stablecoin by market capitalization with a total evaluation of more than $ 2.2 billion, according to data from CoinMarketCap.
Trump’s conflicts of interest could lead to the momentum of the act of genius
Trump is now call So that the legislators quickly approve the act of genius and send it to his office so that he can sign it.
But the USD1 and the other companies in the Cryptography of the Trump family have been reported for conflicts of potential interests because of its ability to influence the regulations of the United States. As such, the law on engineering should face the overhaul of certain legislators during its vote in the House.
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