In a notable move for the crypto and fintech sectors, the Trump family has quietly reduced its majority stake in World Liberty Financial (WLFI), a prominent player in the U.S. stablecoin market. Disclosures on the WLFI website now show that DT Marks DEFI LLC—a company affiliated with Donald J. Trump and his family—has cut its holding from 60% to approximately 40%. This shift comes at a pivotal moment, as U.S. lawmakers push forward with new regulations for stablecoins, including WLFI’s own USD1 token.
What’s Behind the Stake Reduction?
The timing of this divestment is significant. The U.S. Senate recently passed the GENIUS Act, a bipartisan bill aimed at regulating payment stablecoins. As the bill moves to the House of Representatives, scrutiny over Trump’s crypto connections has intensified, with some lawmakers calling for further investigation into his involvement in the digital asset space.
While the Trump family’s reasons for reducing their stake remain undisclosed, industry analysts suggest the move could be a strategic response to the evolving regulatory landscape. Forbes estimates that the sale could have netted the family millions of dollars, given the platform’s recent performance and Trump’s reported $57,3 million in income from WLFI over the past year.
World Liberty Financial and the Rise of USD1
World Liberty Financial has been in the spotlight since launching its USD1 stablecoin in March, designed to maintain a 1:1 peg with the U.S. dollar. The platform’s legal disclosures clarify that neither Trump nor his family members serve as officers, directors, or employees of WLFI or its holding company, WLF Holdco LLC. However, DT Marks DEFI LLC retains a significant minority interest, ensuring the family remains a key stakeholder in the project.
Regulatory Winds and Market Implications
The reduction in the Trump family’s stake comes as stablecoins enjoy increased attention from U.S. policymakers. The GENIUS Act’s progress signals a new era of oversight for digital dollar tokens, with potential ripple effects across the crypto industry. As the House debates the bill, Trump has publicly urged lawmakers to pass the legislation “ASAP,” underscoring the high stakes for both his business interests and the broader market.
What’s Next for WLFI and U.S. Stablecoins?
With the Trump family stepping back from a majority position, WLFI’s future will likely be shaped by regulatory developments and market adoption of its USD1 token. The move also highlights the growing intersection of politics, regulation, and digital finance in the U.S., as high-profile figures and companies navigate an increasingly complex environment.