The family of Donald Trump is making investment changes by reducing their stake in World Liberty Financial amidst rising interest in the new USD1 stablecoin.
Reduction of Trump's Stake in Company
According to updated legal filings, as of June 8, 2025, the Trump family has decreased their stake in World Liberty Financial from 60% to approximately 40%. This divestment was not publicly announced.
Impact of New Regulations on Stablecoin Market
The reduction is related to increasing attention on the USD1 stablecoin and impending legislation. The estimated reduction involved approximately $190 million, but detailed transaction information was not disclosed. Market reaction has been subdued, with no significant impact observed on major cryptocurrencies such as BTC and ETH.
Outlook for Stablecoin Regulation in the US
The **GENIUS Act**, aiming to regulate stablecoins, awaits consideration in Congress. Companies like World Liberty Financial may face shifts in market dynamics based on this legislative process. Donald Trump urged Congress to expedite the bill.
The reduction of Trump's stake in World Liberty Financial reflects a broader trend among notable figures to adjust their assets ahead of significant regulatory changes. Future regulatory steps concerning stablecoins could heavily influence the entire market.