Donald Trump Vows to Use Crypto to Make America Great Again

Former president Trump took to social media to announce the official opening of the whitelist for his DeFi project, World Liberty Financial.

Users in and out of the United States can now link their wallets to a know-your-customer (KYC) database to access the whitelist, which is presumed to allow access to the public sale of the platform’s token.

Trump posted, “I promised to Make America Great Again, this time with crypto.”

Many users were quick to denounce the project as a scam, with one commenting “Stop promoting weird money-grab scams. Do better. Be better.”

The general controversy surrounding both crypto and Donald Trump is magnified further by two memecoins launched earlier this year, DJT and RTR, which were both touted as tokens launched by members of the Trump family, only to become mired in controversy and go to zero, with DJT dumping nearly 90% in a single sale as the “developers” sold their tokens.

The Trumps and the team at World Liberty Financial claim to be operating under the premise that DeFi and stablecoins are at the forefront of economic innovation, and that in order to retain its dominance, the United States must embrace DeFi.

“Our mission is crystal clear: Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance. We believe that DeFi is the future, and we’re committed to making it accessible and secure for everyone,” said World Liberty Financial.

The post continued, “We want U.S.-pegged stablecoins to remain the world’s settlement layer for the next 100 years. The U.S. dollar has been the backbone of global finance for decades, but it’s now under attack by foreign nation-states.”