Donald Trump has announced the launch date for World Liberty Financial, a DeFi platform for borrowing and lending, set to debut on September 16. In a video posted on X, Trump invited the public to join him on Twitter Spaces to discuss the project, emphasizing a future-oriented approach to finance that leaves traditional banks behind.
The platform will offer a digital wallet, a credit account system, and opportunities to invest in cryptocurrencies through native tokens. It will prioritize U.S. dollar-pegged stablecoins, aiming to drive mass adoption of decentralized finance and reinforce America's financial leadership.
World Liberty Financial has partnered with DeFi protocol Aave, indicating the project may be built on the Ethereum blockchain. The team is also prioritizing security, with top experts reviewing the platform's code.
Despite mixed reactions, the project is seen as a bold move to align the U.S. with the future of global finance.