Trump’s World Liberty Enters the Fray in Crypto’s Hottest Sector

From second left, World Liberty Financial’s Zach Witkoff and Zach Folkman appear with Donald Trump Jr. (on screen) during the DC Blockchain Summit in Washington on March 26. 

Photographer: Kent Nishimura/Bloomberg
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Stablecoins are back in the news again, so Emily Nicolle had to write another newsletter on crypto’s favorite asset class.

It’s official: Donald Trump’s crypto project is launching a stablecoin. And while the market has proven to be notoriously tough to crack for new entrants, being associated with the president of the United States might come with some perks in that regard.