Topic: Self Custody

The "De-Lulu" trend of election denial on social media is highlighted, featuring users who believe the current administration is a elaborate setup. Simultaneously, a new executive order is released regarding digital financial technology, protecting the right to self-custody crypto assets and promoting the development of dollar-backed stablecoins.

Donald Trump expressed support for creating a regulatory framework for stablecoins to extend the dominance of the U.S. dollar into the digital frontier. While he pledged to protect the right to self-custody of Bitcoin, his comments on stablecoins received a more muted response from the crypto audience. Trump argued that Bitcoin is not a threat to the dollar, but rather current government fiscal behavior is the true threat.