Former President Donald Trump is announcing the launch date of World Liberty Financial, his new decentralized finance (DeFi) crypto project.
In a new video update posted on the social media platform X, the Republican presidential nominee says that his DeFi platform – which he previously stated is for helping those disenfranchised by the traditional banking system – will launch on Monday, September 16th.
Says Trump,
“Join me live on Twitter Spaces at 8pm, September 16th, for the launch of World Liberty Financial. We’re embracing the future with crypto and leaving the slow and outdated big banks behind.”
Earlier this month, the project issued a statement on its roadmap saying that its mission is to spread stablecoins pegged to the US dollar and the concept of decentralized finance around the world.
World Liberty Financial believes that stablecoins are the crux of DeFi and says it wants to ensure US dollar-pegged digital assets remain the global settlement layer for DeFi protocols.
“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.
By spreading U.S.-pegged stablecoins around the world, we ensure that the US dollar’s dominance continues, securing America’s financial leadership and influence on the global stage.”
The project also noted that it’s working closely with cybersecurity firms and prominent DeFi platform Aave (AAVE) to advance its goals. Trump initially announced the launch of the project in August. At the time, it was known as The DeFiant Ones.
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