Trump Family Deepens Crypto Involvement with Bitcoin Mining and Stablecoin Initiative

Eric Trump recently stated, “Bitcoin is leading the way in digital transformation,” during a public appearance, underscoring the Trump family’s increasing involvement in the cryptocurrency sector.

Eric Trump and his brother, Donald Trump Jr., have been actively expanding their presence in the crypto industry. They co-founded American Bitcoin, a mining venture in partnership with Hut 8, aiming to become a leading player in the Bitcoin mining space.

Additionally, they launched World Liberty Financial, a decentralized finance platform that introduced a stablecoin backed by U.S. Treasuries.

These initiatives align with the broader pro-crypto stance of the Trump administration. In March 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning Bitcoin as a national reserve asset.

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