Donald Trump Jr. clarified his family’s stance on a new cryptocurrency wallet launched in partnership with GetTrumpMemes.com, stating that they are not involved with the project. The $TRUMP Wallet claims to be the official wallet tied to the $TRUMP token, created by the team behind the President’s memecoin, but Trump Jr. emphasizes his focus on stablecoins like USD1 and World Liberty Financial’s upcoming official wallet launch. 80% of the $TRUMP token supply is held by the Trump Organization and its affiliates, marking it as a cornerstone of their current crypto endeavors. The launch sparked criticism for potentially blurring lines between Trump’s presidency and cryptocurrency ventures.