Donald Trump and World Liberty Financial Raised $14 Million to Launch a Dollar Stablecoin Amid Possible CBDC Ban and Tax Changes 💵

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Donald Trump, along with the World Liberty Financial (WLFI) project, aims to enter the cryptocurrency market by launching a stablecoin tied to the US dollar. The $14 million raised will allow WLFI to leverage the growing demand for stablecoins, serving as a secure asset for traders.

The WLFI team is still working on creating the coin and security protocols, and the project launch may take time. If Trump returns to the White House, he will be able to influence the regulation of stablecoins, potentially strengthening his financial initiative.

Additionally, Trump opposes the US central bank digital currency (CBDC) and promises to ban such government projects if re-elected, maintaining the 2017 tax cuts to support economic growth.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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