Trump Family Expands Crypto Ventures with ETFs and Stablecoin

The Trump family is expanding its presence in the cryptocurrency market through two major initiatives. World Liberty Financial, a venture by Donald Trump's sons, has launched a stablecoin called USD1, pegged to the U.S. dollar and backed by short-term treasuries, marking the family's entry into the stablecoin market. Meanwhile, Trump Media & Technology Group (TMTG) has partnered with Crypto.com to introduce exchange-traded funds (ETFs) that combine digital assets with a 'Made in America' focus. These ETFs, marketed under the Truth.Fi brand, are expected to include cryptocurrencies such as Bitcoin and Cronos. The Trump administration's push for regulatory frameworks and its campaign to establish the U.S. as the 'crypto capital of the world' further underscore their commitment to cryptocurrency ventures.