The Trump family’s business interests in the Middle East are expanding, with ventures ranging from real estate to cryptocurrency. Notably, Zach Witkoff, son of Trump’s Middle East envoy Steve Witkoff, co-founded World Liberty Financial (WLFI), a cryptocurrency company that has secured significant investments from Middle Eastern entities. WLFI’s flagship stablecoin, USD1, has gained traction following a $2 billion investment from a firm linked to UAE’s Sheikh Tahnoon bin Zayed, making USD1 the fifth-largest stablecoin by market value.  

Source: South China Morning Post