World Liberty Financial: A Crypto Project Backed by the Trumps
World Liberty Financial (WLFI), a new crypto project promoted by the Trump family, has announced its plans to use stablecoins to maintain U.S. dollar supremacy.
The project, which is being developed by former members of the Dough Finance team, aims to create a borrowing and lending platform similar to Aave.
- The project’s white paper, which was leaked to CoinDesk, suggests that WLFI will use a “credit account system” to facilitate decentralized borrowing and lending.
- The project claims to be working with Aave to develop a new standard for DeFi.
- WLFI has also been audited by several security firms, including Zokyo, Fuzzland, PeckShield, and BlockSec.
The project’s goal is to combat the growing trend of de-dollarization, which is being driven by countries like Brazil, India, China, South Africa, and Russia. These countries are looking to create a rival to the U.S. dollar.
WLFI says its mission is to “make crypto and America great by driving the mass adoption of stablecoins and decentralized finance.”
The project has been the subject of much hype and speculation, including a number of scams that emerged following the initial announcement.
While some experts remain skeptical, WLFI claims to have the backing of “the brightest minds in crypto.”
“Our plan will speak for itself,” the project said in a Twitter thread. “What’s coming will make all doubters think twice.”
**You can find more information about WLFI on their website: [https://www.worldlibertyfinancial.com/](https://www.worldlibertyfinancial.com/)**
**You can also follow them on Twitter: [https://twitter.com/worldlibertyfi](https://twitter.com/worldlibertyfi)**
**It’s important to remember that cryptocurrencies are a high-risk investment and to do your own research before investing in any project.**
