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  • 6/4/2025
Donald Trump Jr. said his family turned to cryptocurrency after being "debanked" following their father's presidency, losing access to traditional banking systems. In an interview with CNBC, he said the Trump Organization shifted toward crypto out of necessity. Trump Jr. said losing access to traditional banking gave his family a firsthand experience of the financial exclusion many Americans face. He explained that this led the Trump Organization to invest in cryptocurrency projects like American Bitcoin, USD1, and World Liberty Finance to safeguard against being cut off from the system. Trump Jr. highlighted the efficiencies of blockchain and argued that stablecoins could preserve U.S. dollar dominance.

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