Donald Trump Launches ”The DeFiant Ones” Crypto Platform To Challenge Big Banks 

Donald
Trump
is
launching
a
new
crypto
platform
called
“The
DeFiant
Ones,”
aimed
at
banking
underserved
communities
and
challenging
the
dominance
of
big
banks.

“For
too
long,
the
average
American
has
been
squeezed
by
the
big
banks
and
financial
elites,”
Trump

wrote
on
Truth
Social.
“It’s
time
we
take
a
stand—together.
#BeDefiant.”

Over
40K
People
Join
”DeFiant
Ones”
Telegram
Group

In
the
post,
the
former
president
included
a
link
to
the
project’s
official


Telegram
channel,

which
has
quickly
grown
to
40,200
participants.

A
message
teasing
several
announcements
and
updates
in
the
following
few
days
was
sent
to
the
group
on
Aug.
17. 

Almost
ready
to
make
some
big
announcements
regarding
the
Crypto
project…
Getting
very
excited.
Make
sure
you
are
in
our
Telegram
group…

—
Eric
Trump
(@EricTrump)

August
21,
2024

Few
details
are
available
on
the
project,
other
than
a
promise
that
it
will
be
“the
future
of
finance.” 

Eric
Trump
Says
Over
Half
The
American
Population
Is
Unbanked

In
an
interview
with
the


New
York
Post,
Trump’s
son,
Eric,
said
that
the
project
could
help
“over
half”
of
the
American
population,
which
“cannot
be
banked”
and
get
rejected
for
“most
loans
from
most
institutions.

Instead
of
having
to
approach
a
bank
for
a
potentially
lengthy
approval
process,
”DeFiant
Ones”
users
could
have
the
ability
to
either
be
approved
or
denied
almost
instantaneously.

Decisions
will
also
be
based
on
maths
instead
of
policy,
he
said
in
the
interview.
If
approved,
the
money
will
show
up
in
their
account
in
minutes
and
not
months,
as
is
the
case
with
most
banks.

Trump-themed
meme
coins
were
among
the
largest
gainers
in
the
past
24
hours
following
the
former
President’s
announcement.

TrumpCoin

(DJT)
surged
over
53%,
while
Super
Trump
(STRUMP)
and
Baby
Trump
(BABYTRUMP)
pumped
15%
and
10%,
respectively.

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