“There is a famous saying that sometimes your enemy’s enemy is really your best friend,” Eric Trump told the crowd at the Consensus in Toronto, Canada. “Those are the Trumps in the crypto community. And I think banks make the biggest mistakes in their lives.”
The son of US president Donald Trump and Bitcoin’s co-founder Btc$103,826.29 Mining company American Bitcoin is also a advisor to the World Liberty Financial (WLF), who recently launched a US dollar supported by Stablecoin, USD1, which has reached $ 2 billion in market capitalization.
WLF co-founders joined Trump on stage on Friday As they announced That USD1 is now operated on many blockchains by cross-chain interoperability protocol of chainlink (CCIP).
Trump painted a vivid picture of personal grievance became ideological beliefs, claiming that he was “canceled” by major financial institutions for his political views that he had then interested in crypto as a shield against financial gatekeeping.
“So many of the banks have been the case and I’m the case,” said the US president’s son. “Maybe I’m the most canceled person for doing completely wrong, just because of a political perspective, and a political view that may not have been popular with some of the big financial institutions and men, they followed me like I was a dog.”
The USD1, he said, is a patriotic financial tool for people who are unstable or corrupt regime.
“It provides excessive financial choices, especially in markets and countries where people have never had any kind of financial freedom, never had any kind of financial freedom, could have been in a country where the war was torn, where it was subject to corruption, it was subject to ridiculous inflation,” he said. “Every single day they work and their money burns under their mattress, and all of a sudden, we give the world the ability to be in the US dollar that is backing one of us with wealth.”
Earlier today, lawyers represent WLF Pushed back Against the investigation from US Senator Richard Blumenthal, the leading Democrat in a panel responsible for investigating corruption and mismanagement, which has Asked about the structure of owner and investment For Trump -related creatures, including WLFI, in a letter last week.
