Trump launches his USD1 stablecoin, backed by US treasuries and dollar
Donald Trump has officially dropped a stablecoin. It’s called USD1, and it’s pegged 1:1 with the US dollar, according to a statement from his family company World Liberty Financial Inc. (WLFI) today.
Donald Trump's World Liberty Financial raises $550 million, launches USD1 stablecoin
Donald Trump's World Liberty Financial crypto venture will launch a dollar-pegged stablecoin, it said in a statement on Tuesday, after raising more than half a billion dollars from selling a separate digital token.
Trump's latest crypto push: Getting into the stablecoin game
The Trump-backed World Liberty Financial plans to launch a dollar stablecoin. Meanwhile, Trump Media announced a deal with Crypto.com this week.
Crypto group backed by Donald Trump to launch stablecoin
World Liberty Financial, the cryptocurrency group backed by Donald Trump and his sons, will launch its own stablecoin to tap into a market the US president has made a policy to promote. The token, called USD1,
Trump's Crypto Project Plans USD Stablecoin
President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the dollar, an announcement that comes as his administration throws its support behind the digital tokens that underpin most crypto transactions.
Trump’s Crypto Venture Introduces New Digital Currency
World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.
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