<ul><li>Donald Trump Jr. denied any connection to a meme wallet project promoted via Magic Eden and tied to GetTrumpMemes.com, calling it unauthorized and unrelated to the Trump Organization.</li><li>The Trump family is focused on developing USD1, a stablecoin backed by U.S. Treasuries through World Liberty Financial as their crypto effort, citing years of exclusion from traditional banking due to political affiliations.</li><li>While the $TRUMP token initially surged to a $15 billion market cap, its value has significantly dropped, but its transaction model has generated over $300 million in fees between January and April.</li><li>The Trump family defends their growing crypto involvement against potential conflicts of interest, with Trump Jr. emphasizing blockchain anonymity as a safeguard and positioning their stablecoin initiative as a long-term play.</li></ul>

Trump Family Rejects Meme Wallet Ties, Focuses on Stablecoin Push

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