UAE deals with Trump team: Exchange chips for crypto riches
According to the New York Times, UAE has signed a large agreement with the Trump team, exchanging high-tech chips for enormous crypto benefits, including World Liberty Financial. This transaction in September 2025, valued at billions of USD, allows the Trump family to access Arab digital assets, but has been criticized as a conflict of interest. Projects like ABTC benefit directly, even though they have now collapsed by 90%. Experts from Bloomberg warn of geopolitical risks, especially as global debt reaches 338 trillion USD. The crypto market reacts mixed, with XRP rising thanks to linked RWA.
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