“There is a famous saying that sometimes your enemy’s enemy is actually your best friend,” Eric Trump unanimously told the crowd in Toronto, Canada. “It was Trump with the Crypto community. And I think banks made the biggest mistake of their lives.”
US President Donald Trump’s son and Bitcoin’s co-founder
The mining company is also an advisor to the American Bitcoin World Liberty Financial (WLF), who has recently launched an US dollar-contained Stabecrim, USD1, which has already reached $ 2 billion in market capitalization.
WLF co-founders joined Trump on stage on Friday as they announced that USD1 was now operated in several blockchains through the Chenlink’s cross-chain interoperability protocol (CCIP,
Trump converted a vivid picture of a personal complaint into an ideological punishment, claiming that he was “canceled” by major financial institutions for his political views, which then interested in the form of a shield against financial gatekeeping in Crypto.
The son of the US President said, “So many banks have been made weapons and I was a case in this case.” “I was probably the most canceled person to do nothing wrong, just because we had a political approach, and a political approach that could not be popular with some big financial institutions and people, he came after me as I was a dog.”
USD1, he said, is a patriotic financial tool for people in unstable or corrupt regime.
He said, “It gives a lot of freedom of financial choice, especially markets and countries where people had never had any kind of financial freedom, never had any kind of financial freedom, in a country where this war is torn, where it is subject to corruption, it is subject to the funny inflation,” he said. “Every single day they go to work and their money is being burnt under their mattress, and suddenly, we give the world the ability to be on the US dollar that is supported by the American treasury by one.”
Earlier today, lawyers representing WLF pushed back against the investigation from American Senator Richard BlueMeMTal, who was the leading democrats on a panel responsible for the investigation of corruption and mismanagement, who in a letter last week asked about ownership and investment structure for trump-conferred institutions including WLFIs.
