Former U.S. President Donald Trump has revealed the launch date for the new decentralized finance (DeFi) cryptocurrency project, World Liberty Financial.
Step into the Future with Crypto and DeFi
In a video update shared on the social media platform X, Trump announced that the DeFi platform will be launched on September 16, Monday, at 8:00 PM.
Trump stated in the video, “Join me for the launch of World Liberty Financial on September 16 at 8:00 PM on Twitter Spaces. We are embracing the future with crypto and leaving behind the slow and outdated big banks.”
Stablecoins Pegged to the U.S. Dollar and DeFi Vision
The project previously emphasized its mission to promote U.S. dollar-pegged stablecoins and the concept of decentralized finance globally in its roadmap.
World Liberty Financial believes that stablecoins form the foundation of DeFi and aims for U.S. dollar-pegged digital assets to remain a global settlement layer for DeFi protocols.
Collaborations and Future Plans
The project also noted its close collaboration with cybersecurity firms and the leading DeFi platform Aave. Trump initially announced the project in August under the name The DeFiant Ones.
The launch of World Liberty Financial is seen as a reflection of Trump’s growing interest in the crypto and DeFi space. The project aims to utilize stablecoins and DeFi to sustain the dominance of the U.S. dollar in global financial markets.
