In a strategic move to strengthen the U.S. economy and reduce foreign influence in the financial sector, President Donald Trump has endorsed the creation of Truth.Fi, an investment platform focused on cryptocurrencies and ETFs. The initiative, developed by Trump Media in partnership with Charles Schwab, aims to provide secure and reliable financial vehicles, with an initial investment of up to $250 million under Schwab’s custody.
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This new project adds to the Trump administration’s previous efforts to regain control of strategic sectors, minimizing dependence on foreign markets and entities. The creation of Truth.Fi serves as a counterweight to international initiatives that have gained traction in the digital economy and decentralized investments. The administration has emphasized the need to maintain financial stability and protect U.S. investors’ assets from potential external interference.
The decision to launch this fintech also responds to concerns about the growing influence of foreign capital in the crypto ecosystem and stock markets. The Trump administration seeks to ensure that major investment platforms align with national interests and are subject to regulations that favor U.S. economic sovereignty.
The announcement coincides with the upcoming launch of X Money, the digital payment system by X Corp., formerly Twitter, which will enable real-time transfers via Visa cards. The initiative by Elon Musk, who also collaborates with the Department of Government Efficiency, reinforces the private sector’s commitment to strengthening the U.S. financial system by prioritizing solutions developed within the country.
The Trump administration has made it clear that it will continue to implement measures to protect the national economy and ensure the security of financial markets. With the creation of Truth.Fi and support for key technological platforms, the U.S. seeks to consolidate its leadership in the financial world and shield its economy from potential external influences.
