We are still a bit far from the stick, after all, not everyone likes the tool for stirring the mess, unless you are the poop superhero, then you need the stick!
Sharlene Darwich KeAu
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Trump Family Launches USD1 Stablecoin: A 'New Piece' in America's Crypto Hegemony?
Have you ever wondered if a stablecoin supported by the family of a US president could shake the market positions of USDT and USDC? In today's rapidly changing crypto market, the latest actions of the Trump family have sparked widespread attention.
USD1: Trump Family's New Crypto Layout
On April 8, 2025, the crypto institution World Liberty Financial (WLFI), supported by the Trump family, released a governance proposal to launch the USD1 stablecoin on the Ethereum mainnet. This stablecoin is backed by US short-term Treasury bonds, dollar deposits, and other cash-equivalent assets, ensuring that each USD1 can always be exchanged for 1 dollar at a 1:1 ratio.
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