“There is a famous saying that the enemy of your enemy is actually your best friend,” Eric Trump told the audience at Consensus in Toronto, Canada. “It was the trumps with the crypto community. And I think the banks made the biggest mistake of their lives.”
Son of US President Donald Trump and co -founder of Bitcoin BTC$103,765.95 Mining Company American Bitcoin is also a World Liberty Financial (WLF) advisor that recently launched an US dollar stacked stablecoin, USD 1, which has already reached $ 2 billion in market value.
Co -founders of WLF joined Trump on stage on Friday when they announced that USD1 was now operated across several blockchains through Chainlink’s interoperability protocol across the chain (CCIP).
Trump painted a vivid picture of personal complaint became ideological conviction and claimed he was “canceled” by large financial institutions of his political views, which then got him interested in crypto as a shield against financial gatekeeper.
“So many of the banks have become weapons and I was the case,” the son told the US president. “I was probably the most canceled person to do absolutely nothing wrong, only because we had a political view, and a political point of view that might not have been popular with some of the great financial institutions and guys, they came after me as if I were a dog.”
USD, he said, is a patriotic financial tool for people in unstable or corrupt regimes.
“It gives so much freedom to the economic choice, especially to markets and countries where people have never had any economic freedom, had never had any economic independence, could be in a country where it is war -wagering where it is subject to corruption, it is subject to ridiculous inflation,” he said. “Every single day they go to work and their money is burned under their mattress, and suddenly we give the world the opportunity to be on the US dollar supported by one of the US Treasury.”
Earlier today, lawyers who represented WLF backed against the control of the US Senator Richard Blumenthal, the leading Democrat on a panel responsible for investigating corruption and incorrect leadership, who had asked about ownership and investment structure of Trump-affected entities, including WLFI, in a letter last week.
