đšđŹ Eric Trump Speaks Out!
Eric Trump, son of former President Donald Trump, is turning heads with a bold claim: Stablecoins are the future saviors of the US dollar!** đ”đ„đ
In a chat with the New York Post, Eric hyped $USD1 , the stablecoin launched by his familyâs firm World Liberty Financial ($WLFI ), calling it a game-changer for keeping the dollar on top đâš. But not everyone is cheeringâŠ
â ïž Red Flags Around USD1:
đ€ Conflict of Interest: Critics worry the Trump familyâs involvement could blur the lines between private gain and public interest.
đ« Constitutional Concerns: Lawyer Andrew Russo warns the project might breach constitutional rules, affecting transparency.
đ° Dollar Manipulation? Congresswoman Maxine Waters accused Donald Trump of potentially twisting the dollar for personal benefit.
đĄ Different Takes:
đĄïž Ericâs Defense: USD1, backed by US Treasuries and dollar deposits, could boost cross-border payments đđž.
đ Fed Perspective: Federal Reserveâs Christopher Waller believes stablecoins strengthen the dollarâs global role.
â ïž European Watch: Some EU institutions caution that new rules like the GENIUS Act could weaken dollar dominance over time.
#USD1Stablecoin đ”
#EricTrump đ
#DollarDominance đ
#CryptoControversy â ïž
#StablecoinFuture đ„
