Donald Trump has ramped up efforts to engage with the cryptocurrency industry by launching a digital currency project, World Liberty Financial. The project aims to promote U.S.-pegged stablecoins, enhancing U.S. dollar dominance globally. Stablecoins maintain a fixed exchange rate with government currencies. Trump's potential involvement in a DeFi project raises concerns over conflicts of interest if he is re-elected, especially regarding crypto-friendly regulations. The Trump family’s involvement in DeFi aligns with Donald Trump’s broader crypto agenda, including promises to create a national bitcoin stockpile and position the U.S. as a global crypto leader.