Donald Trump announced Thursday the upcoming launch of a cryptocurrency platform, presenting it as an alternative to offers from large banks and major financial institutions.'Americans have been squeezed by big banks and financial elites for too long,' wrote the Republican candidate for the US presidential election on X (formerly Twitter) and his social network Truth Social. 'It is time for us to resist, together. »Donald Trump did not provide any details as to the exact content of the project, called The DeFiant Ones. Two of his sons, Eric and Donald Jr, leaders of the family conglomerate Trump Organization, have described it in recent weeks as 'digital real estate'.In the New York Post, Eric Trump spoke of 'collateral that everyone can have instant access to.' In finance, collateral generally refers to assets deposited in return for obtaining a loan.Unfavorable, during his presidency, to cryptocurrencies, which he even described as a 'scam', Donald Trump has radically changed his position since the n, to the point of now presenting himself as a champion of digital currencies.While at a major industry conference at the end of July in Nashville (Tennessee), the real estate developer promised that if re-elected, he would be 'the pro-innovation and pro-bitcoin president that America needs.'The former president thus takes the opposite view of the Biden government, considered to be in favor of regulating the sector.Documents released in mid-August showed that Donald Trump held between $1 million and $5 million worth of ether, the world's second-largest cryptocurrency.The platform promised by Donald Trump will rely on so-called decentralized finance, a mechanism which no longer uses an intermediary such as a bank to carry out transactions with a third party.Decentralized finance or DeFi is based on so-called blockchain technology, which keeps a theoretically inviolable register of transactions, viewable by everyone.Source: Burkina Information Agency