Trump’s World Liberty Financial At Token 2049: Tron, MGX, Binance, and More
The Trump family’s World Liberty Financial (WLFI) continues to make headlines, extending its reach in the crypto arena. Recent developments follow key announcements during Token2049 in Dubai.
Eric Trump made interesting revelations during the event, including integrations involving USD1 stablecoin.
World Liberty Financial During 2049: What Users Need To KnowSpeaking at the Token2049 event, Eric Trump announced the integration of World Liberty Financial’s USD1 stablecoin with Tron.
Trump’s DeFi venture launched the USD1 stablecoin only recently, commissioning it to promote dollar dominance. Short-term US treasuries and cash equivalents back the stablecoin.
Notwithstanding this integration, USD1 will be deployed as a TRC-20 token on the Tron blockchain. This would allow USD1 to leverage Tron’s high-throughput, low-cost blockchain for transactions, smart contracts, and DeFi applications.
Therefore, the integration expands USD1 stablecoin’s interoperability beyond BNB Smart Chain (BSC) and Ethereum.
Despite the gravity of this integration, the move is unsurprising given recent ties between World Liberty Financial and Tron founder Justin Sun.
As BeInCrypto reported, Justin Sun invested up to $30 million in the DeFi venture, effectively becoming the project’s largest investor. Following this investment, the project named him an advisor, emphasizing his role as a prominent figure in blockchain innovation.
Recent reports indicate that Justin Sun may attend President Trump’s exclusive dinner for top TRUMP holders next month. The speculation comes as Sun’s HTX cold storage wallet ranks first on the TRUMP leaderboard, adding social media posts to the mystery.
All in USA 