Trump, Cryptocurrency, and the Real Winners and Losers
wired.comPublished: 5/9/2025
Summary
The Trump family's controversial business ventures have drawn scrutiny as they announce a crypto stablecoin, USD1, and collaborate with entities linked to their clan, potentially enabling foreign wealth transfers into their ranks. Their extensive operations in Dubai, Saudi Arabia, Qatar, and Washington D.C., involving the Trump Foundation, benefit Donald Trump directly, with critics arguing these practices improperly influence governance and raise transparency concerns about global governance.