Former President Donald Trump has revealed the launch date for his new decentralized finance (DeFi) initiative, World Liberty Financial.
In a recent video update on X, Trump announced that the platform will debut on Monday, September 16th.
Trump invited followers to join him for the launch event on Twitter Spaces on the same day, where he will discuss how World Liberty Financial aims to revolutionize the financial sector by moving away from traditional banking systems.
Earlier this month, the project outlined its goals, emphasizing the global spread of stablecoins tied to the US dollar and the promotion of decentralized finance. World Liberty Financial is committed to reinforcing the role of US dollar-pegged stablecoins as the backbone of DeFi networks.
The project’s mission includes enhancing the accessibility and security of DeFi while upholding the dominance of the US dollar in the global financial landscape.
The initiative is also collaborating with cybersecurity experts and DeFi platform Aave (AAVE) to advance its objectives. Originally introduced in August under the name The DeFiant Ones, the platform aims to make significant strides in the DeFi space.
Sergey Nazarov, the founder of Chainlink (LINK), sees the Trump Administration’s newfound support for digital assets as a potential catalyst for reinforcing the United States’ dominance in global finance.
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