News

The cryptocurrency project promoted by U.S. President Donald Trump - World Liberty Financial, has completed its second round of token sales, raising a total of $550 million. WLFI has reserved $30 million for company expenses and other costs. According to the issuance document of World Liberty's first token sale, Trump and his associated company DT Marks DEFI LLC will collect 75% of the net income as fees - that is, $390 million. In addition, current token purchasers are not allowed to resell tokens and have no right to any profits. The project launched its first token sale in mid-October last year and was promoted to both American and non-American investors. The project launched its first token sale in mid-October last year and was promoted to both American and non-American investors.

Deutsche Bank foreign exchange analyst Ulrich Leuchtmann stated that if the Trump administration turns to sanctions in the event of tariff policy failure, the dollar could lose its global dominance. If the United States imposes economic pressure on other countries through sanctions, then the cost of using dollars in international payment transactions will become too high. He said that at that time, the dollar will lose its dominant position as an international means of payment. In medium and long term view, it may also lose its leading role as a reserve currency. "The consequence might be a significant weakening of the dollar."