Stablecoin business reported $8.33 million in net operating income
Reporting and findings
- documented
Trump's 2026 disclosure reports $8,326,828 in 2025 net operating income for the stablecoin business held by Stablecoin Holdco LLC; DT Marks SC reported a 38.25% ownership interest, while the amount distributed to that entity is unspecified.
- U.S. Office of Government Ethics: Donald J. Trump 2026 Annual Public Financial Disclosure ReportPart 2, Schedule 1, lines 114, 204, and 204.1
- World Liberty Financial: $WLFI Crypto-Asset White Paper under MiCAPart D.5 and related-party sections listing WLF co-founders, supporters, token allocations, and affiliated entities
Summary and current status
The disclosure identifies operating income at Stablecoin Holdco rather than treating the stablecoin's circulation as revenue.
Net operating income reported for 2025
People and organizations
- DT Marks SC LLC38.25% disclosed owner
- Donald J. Trumpsitting president and disclosed beneficiary of family crypto interests
- Donald Trump Jr.son, Trump Organization executive, and listed WLF co-founder
- Eric Trumpson, Trump Organization executive, and listed WLF co-founder
- USD1 stablecoinstablecoin business asset
- Stablecoin Holdco LLCstablecoin business owner
Relationships in this file
- DT Marks SC LLCheld disclosed 38.25% ownership interestStablecoin Holdco LLC
- Donald J. Trumpson, family-business executive, and co-founder of the Trump-branded WLF ventureDonald Trump Jr.
- Donald J. Trumpson, family-business executive, and co-founder of the Trump-branded WLF ventureEric Trump
Money trail
revenueStablecoin net operating income$8,326,828 - Revenue source
- Stablecoin reserve and operating activities
- Revenue recipient
- Stablecoin Holdco LLC