Science & Technology

Trump Family’s Crypto Venture Under Growing Scrutiny

The Trump family’s heavy involvement in World Liberty Financial (WLF) has placed them at the center of one of the most controversial intersections of politics, finance, and cryptocurrency. Holding an estimated 60% stake in the company, the family’s share of WLF’s governance token, $WLFI, translates into roughly $5 billion in paper wealth. Yet this prominence in the crypto space is fueling widespread debate.

In March 2025, WLF launched USD1, a stablecoin pegged to the U.S. dollar and backed by treasuries and cash equivalents. Designed to provide stability in contrast to volatile tokens like WLFI, USD1 aims to connect traditional finance with WLF’s broader ecosystem and attract global investors seeking a low-risk digital currency.

Controversy escalated when an Abu Dhabi–backed firm invested $2 billion into USD1. Lawmakers in Washington have since raised concerns over potential conflicts of interest, arguing that Trump’s political influence on U.S. crypto policy could intersect with his family’s financial interests. Critics warn this blurs the line between public duty and private gain.

The deal also underscored the international scope of WLF, with foreign players—possibly linked to Binance—integrating USD1 into cross-border financial movements. Such connections, especially with entities facing regulatory scrutiny, add another layer of risk to the venture’s credibility.

Beyond USD1, WLF’s governance token WLFI has surged in theoretical value. However, liquidity remains limited, and recent incidents—such as the freezing of major investor Justin Sun’s holdings—have raised alarms about transparency, user control, and asset security within the platform.