Key Takeaways
- Eric Trump said stablecoins could strengthen the U.S. dollar’s global role, highlighting World Liberty Financial’s USD1 as a fast-growing, dollar-backed token.
- His new venture, American Bitcoin, listed on Nasdaq within five months, aims to act as a Bitcoin accumulator and infrastructure backbone in the U.S.
- Trump said domestic energy resources, including oil and nuclear power, should underpin Bitcoin mining, positioning the U.S. as a global leader in digital finance.
- Alongside co-founder Asher Canoe, he argued that tokenization can give investors more direct access to assets, cutting costs and reducing reliance on traditional financial intermediaries.
Eric Trump said stablecoins could play a central role in strengthening the U.S. dollar’s global standing, as he outlined plans for his family’s digital asset venture combining Bitcoin mining with U.S. energy resources, during an interview with the New York Post.
Speaking alongside co-founder Asher Genoot, Trump described American Bitcoin, which listed on Nasdaq just five months after launch, as more than a mining company. The venture, he said, is designed to act as a “Bitcoin accumulator” and infrastructure platform, with the goal of increasing Bitcoin holdings per share while building a U.S.-based backbone for digital finance.
“Stablecoins will save the U.S. dollar, I’ve said that a hundred times,” Trump said, pointing to World Liberty Financial’s USD1, a token pegged one-to-one with the U.S. dollar. He described it as the “Incredibly successful”, arguing that global demand for dollars remains strong and a reliable digital version can reinforce that trust.
Energy as a Foundation
Trump argued that the U.S. energy sector provides a natural foundation for Bitcoin mining, citing oil and nuclear power as potential partners. He criticized prior administrations for limiting domestic production but said new policies could unlock opportunities.
“We want the cheapest, cleanest and best energy in the world — and we have it,” he said. “That’s what will power Bitcoin and secure America’s place in the future of finance.”
Tokenization and Retail Investors
The pair also discussed the role of tokenization in reshaping investment. Genoot said converting assets, such as mortgages, into blockchain-based tokens could cut costs and allow individuals to bypass traditional intermediaries.
“Historically, people handed capital to institutions to allocate on their behalf,” Canoe said. “Today, investors want direct exposure, lower fees and greater control. Tokenization makes that possible.”
Separate but Aligned Projects
Trump emphasized that American Bitcoin and World Liberty Financial are distinct efforts. The former focuses on Bitcoin as “digital gold,” while the latter aims to build stablecoin-based financial rails.
“Both projects are about the same thing,” he said. “Reshaping finance in a way that benefits America and meets global demand for reliable digital assets.”
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