Trump family’s World Liberty Financial plans to launch stablecoin

World Liberty Financial (WLF), a crypto project led by Donald Trump's family, intends to develop and release its own stablecoin, according to sources cited by Decrypt. The stablecoin is currently in the works and may require some time before its official debut. Earlier this month, the project revealed that Rich Teo, a co-founder of stablecoin issuer Paxos, will spearhead the venture's stablecoin and payment initiatives.