Trump Family Invests $2 Billion in Crypto, Signaling Shift Amidst Market Volatility

The Trump family’s investment in the cryptocurrency market has reached a significant milestone. World Liberty Financial, with a 60% stake, is set to invest $2 billion through a deal involving USD1, the stablecoin announced at Dubai’s crypto convention. This marks a substantial step into the world of digital currency for the Trump family. The investment was revealed by Eric Trump and co-founder Zach Witkoff at a recent crypto conference in Dubai, with MGX, an Abu Dhabi firm, utilizing USD1 to facilitate this record-breaking transaction.