Trump Media’s New ‘Closed-Loop’ Crypto Economy
Donald Trump’s Truth Social platform is venturing into digital assets with plans to launch a utility token and a Truth+ Wallet. The token will initially cover subscription costs for Truth+, with ambitions to expand its use across the platform’s ecosystem. This move signals Trump Media’s broader push into cryptocurrency, despite the market’s inherent volatility.
Details remain scarce—no technical specifications or tokenomics have been disclosed. The proposed closed-loop economy could mirror other platform-specific crypto models, but execution risks loom large given the regulatory and competitive landscape.