Trump family crypto venture to launch a stablecoin

https://www.politico.com/news/2025/03/25/trump-family-crypto-venture-to-launch-a-stablecoin-00247455

The move comes as the Trump administration and congressional Republicans are working to enact regulatory changes that could benefit the crypto industry.

The cryptocurrency venture run by President Donald Trump’s sons announced Tuesday it will launch a digital token known as a stablecoin that is pegged to the value of the U.S. dollar, expanding the first family’s ties to the crypto industry.

The crypto company, World Liberty Financial, was launched by Donald Trump Jr. and Eric Trump last fall during the home stretch of their father’s presidential campaign, the first of several moves by the Trump family to get into the digital assets business.