World Liberty Financial, a decentralized finance initiative endorsed by Donald Trump and his family, has introduced a new stablecoin called USD1. This digital currency is pegged to the U.S. dollar and is backed by short-term U.S. government securities and cash equivalents. Set to launch on Ethereum and Binance Smart Chain, USD1 aims to offer reliable ...
World Liberty Financial, a decentralized finance venture supported by Donald Trump and his family, has announced the launch of its new stablecoin, USD1, pegged to the U.S. dollar. Set to operate on Ethereum and Binance Smart Chain, USD1 is backed by U.S. government treasuries and cash equivalents. Co-founder Zach Witkoff emphasized that this stablecoin offers ...
World Liberty Financial (WLFI), a decentralized finance platform associated with Donald Trump, is rumored to be testing its dollar stablecoin, World Liberty Financial USD (USD1). Blockchain analysts have reported increased activity surrounding USD1 on Ethereum and BNB Chain, indicating preparations for a broader public launch. Notably, prominent figures in the crypto space, such as Binance’s ...
