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Trump is hawking tokens for a crypto project he still hasn’t explained

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Former President Donald Trump and his sons announced World Liberty Financial on a live stream on Monday night .

The goal of the project is to drive “the mass adoption of stablecoins and decentralized finance,” a statement posted on its X account earlier this month .

The announcement played up a popular fear among the crypto crowd: being debanked as punishment for political dissent.

World Liberty Financial appears to be part of a broader Trump outreach campaign to the crypto community.

Caplan chastised the “fake news media’s reports of how the token would be distributed.

Trump had little to say about cryptocurrency aside from some vague comments about the very hostile environment” the Securities and Exchange Commission has created for the community.