Insiders: Trump's cryptocurrency project WLFI has discussed the possibility of cooperating with CEX to develop a stablecoin.

On March 13, according to Bloomberg, four sources revealed that the Trump encryption project WLFI had discussions with the world's largest digital asset trading platform, CEX Holdings Ltd. The founder of CEX had previously admitted to not taking necessary measures to prevent terrorists and entities from sanctioned countries from using its services. It is currently unclear at what stage these discussions have reached or whether a final transaction or partnership will be reached. These sources requested anonymity because the negotiations are confidential. Two of them stated that the discussions included the possibility of CEX collaborating with WLFI to develop a stable coin - a Cryptocurrency pegged to the US dollar. Trump and his son have been promoting the company since September last year, and according to its founding documents, the Trump family can receive three-quarters of WLFI company's net income.