Donald Trump’s DeFi initiative, World Liberty Financial, aimed at establishing itself as a leading crypto bank, faced a significant hurdle when it failed a stress test. This incident coincided with the launch of its token sale and casts doubts on the project's viability.
The project has strong affiliations with the Trump family. Donald Trump takes on the role of chief crypto advocate, while his sons, Eric, Donald Jr., and Barron, act as Web3.0 ambassadors, supporting this ambitious endeavor.
Despite this high-profile backing, the project's failure in the stress test highlights potential vulnerabilities and challenges. As a result, stakeholders and potential investors are questioning the project's resilience and future potential in the highly competitive crypto sector.
منبع: www.thecoinrepublic.com ↗