Eric Trump's Crypto Company Seeks Asian Partnerships

Eric Trump, son of US President Donald Trump, is promoting his crypto company World Liberty Financial's ambitions in Asia. He sees vast demand for US dollar-backed stablecoins worldwide and is looking to collaborate with potential partners in Hong Kong. Trump expressed interest in entering the Japanese market.

Eric Trump, son of U.S. President Donald Trump, has been actively promoting his family's crypto ventures in Asia, particularly focusing on World Liberty Financial's ambitions. Speaking at the Bitcoin Asia conference in Hong Kong, Trump emphasized the growing demand for U.S. dollar-backed stablecoins and expressed interest in entering the Japanese market.

Trump's visit to Hong Kong, despite ongoing trade tensions between the U.S. and China, has sparked curiosity. He highlighted the potential of cryptocurrencies, particularly Bitcoin, and encouraged attendees to invest in his family's crypto projects. According to Trump, the U.S. and China are leading the way in cryptocurrency, and he believes that stablecoins, like USD1, have significant potential [1].

World Liberty Financial, the family's crypto company, has been making strides in Asia. Trump mentioned that the company is looking to collaborate with potential partners in Hong Kong, including stablecoin issuers. He also expressed interest in entering the Japanese market, citing the vast demand for U.S. dollar-backed stablecoins worldwide [2].

The visit has not been without controversy. Local officials in Hong Kong have been cautious about the optics of Trump's presence, given the ongoing U.S.-China trade war and the territory's national security legislation. Despite this, Trump received a warm welcome from the Hong Kong crowd [1].

Trump's family has been involved in various crypto projects, including USD1, a stablecoin pegged to the U.S. dollar, and memecoins like $TRUMP and $MELANIA. These projects have faced criticism for potentially blurring the line between the administration and the family's business projects [1].

The promotion of stablecoins by Trump and his family is notable, as stablecoins are seen as providing a non-speculative use for cryptocurrency. However, the Trump family's involvement in memecoins has raised concerns about potential corruption and foreign influence [1].

In his remarks, Trump drew little distinction between his own projects and his father's efforts to deregulate cryptocurrency trading. He praised the wider Bitcoin community for embracing his father's policies and expressed hope that this would benefit the family's crypto projects [1].

The visit of Eric Trump to Hong Kong and his promotion of crypto projects highlight the growing influence of cryptocurrencies in global finance. However, the visit also raises questions about the potential conflicts of interest and the ethical implications of family members of high-ranking officials promoting their business ventures.

References:
[1] The Globe and Mail. (2025). Eric Trump headlined the Bitcoin Asia conference in Hong Kong. Retrieved from https://www.theglobeandmail.com/world/article-eric-trump-crypto-projects-hong-kong-conference/
[2] Nikkei Asia. (2025). Eric Trump talks up crypto ambitions as family empire eyes Asia. Retrieved from https://asia.nikkei.com/editor-s-picks/interview/eric-trump-talks-up-crypto-ambitions-as-family-empire-eyes-asia