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The Trump family’s Bitcoin mining and stablecoin initiatives signal a deepening of political and institutional ties to crypto infrastructure.
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Their involvement, paired with regulatory momentum like the STABLE Act, could shape the next phase of U.S. crypto adoption and legitimacy.
In light of a new report by CNF, Trump family accused of profiting most from WLFI, the Trump family’s engagement with the cryptocurrency sector has intensified, marked by significant ventures into Bitcoin mining and the planned introduction of a stablecoin.
American Bitcoin: A New Mining Venture
Eric Trump and Donald Trump Jr. have unveiled plans to invest in a Bitcoin mining enterprise named American Bitcoin. This initiative is a collaboration with Florida-based software company Hut 8, aiming to establish itself as the “most efficient pure-play bitcoin miner” while amassing a substantial strategic Bitcoin reserve.
According to markets.businessinsider.com, Hut 8 holds an 80% stake in the venture, with American Data Centers owning the remainder. Leadership includes Matt Prusak as CEO and Eric Trump as Chief Strategy Officer.
Donald Trump Jr. emphasized their commitment, stating:
From the start, we’ve backed our conviction in bitcoin—personally and through our businesses. But simply buying bitcoin is only half the story. Mining it on favorable economics opens an even bigger opportunity.
Stablecoin Launch: World Liberty Financial
In addition to mining, Eric Trump recently announced the launch of a stablecoin through World Liberty Financial (WLFI). This decentralized finance initiative introduces a coin redeemable for the U.S. dollar, backed by U.S. government Treasurys, dollar deposits, and other cash equivalents. The venture promises:
“No games. No gimmicks. Just real stability.”
Regulatory Landscape and Strategic Reserves
These developments coincide with the House Financial Services Committee’s upcoming markup session for the STABLE Act, a bill aimed at regulating stablecoins. Sponsored by key Republican leaders, the legislation seeks to impose rigorous standards on issuers—akin to those governing federally regulated financial instruments.
Furthermore, President Donald Trump has demonstrated strong support for the crypto industry. In March 2025, he signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, aiming to position the United States as a global leader in digital finance.
Market Implications
The Trump family’s expanding crypto ventures reflect a broader trend of growing institutional and political involvement in digital assets, potentially influencing market behavior and the regulatory environment.
At the time of writing, Bitcoin (BTC) is trading at $84,164.70, up 1.21% in the past 24 hours, with a market capitalization of $227.56 billion and 24-hour trading volume nearing $9.79 billion, according to CoinMarketCap. See BTC price chart below.
