Former US President Donald Trump is preparing to step into the world of cryptocurrency. According to the former President’s post, The DeFiant Ones platform will be managed by the Trump Organization and will create the future of finance.
Trump announces The DeFiant Ones project
Trump discussed the cryptocurrency project on his social media platform Truth Social. Sharing a link to The DeFiant Ones Telegram channel, the former President stated that they will take a stand together against big banks and financial elites.
The project, called The DeFiant Ones, notes on its Telegram channel that it is being developed to build the future of finance. However, the details of exactly what it will do and what it will offer to users are not yet known.
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Trump’s children Eric and Donald Trump Jr. made some statements about the project in recent weeks. Eric said the project is being developed as “digital real estate”. This may indicate that Trump is developing cryptocurrency for metaverse-like virtual properties.
Donald Jr. stated that the goal is to “take over a large part of the banking world”. In this context, he wants to make decentralized finance more accessible.
Donald Trump was known to be skeptical of cryptocurrencies while in office. However, after leaving the White House, he started accepting crypto donations for his campaign. He also got involved in the cryptocurrency world by speaking at Bitcoin events. Trump seems to adapt more to this world with The DeFiant Ones project.
