Donald Trump has revealed $57.4 million in income related to the World Liberty Financial (WLF) project, raising questions about his influence in the decentralized finance (DeFi) sector.
Trump's Income Disclosure
Trump disclosed $57.4 million in income related to the WLF project in public financial filings submitted to the U.S. Office of Government Ethics.
Family and Key Investor Roles
Trump's sons—Donald Jr., Eric, and Barron—are also actively participating in promoting WLF. Major contributions have been made by Justin Sun, who invested $75 million.
WLF's Impact on DeFi and Stablecoin Markets
WLF's initiatives, including the USD1 stablecoin, are witnessing rapid adoption, leading to a circulation of $2.1 billion. This positions WLF as one of the largest entities in the DeFi space. Trump remarked:
> "I have disclosed $57.4 million in income tied to World Liberty Financial, highlighting the significant potential of DeFi projects." CITE_W_A
Trump's involvement in WLF may have substantial implications for the evolution of decentralized finance and stablecoin regulation.