🚨 USD1: A stablecoin that went out of control? Or is it just the power of the "Trump effect"?
In recent days, the USD1/USDT pair has caught attention by briefly deviating from its peg of $1.00 and hitting $1.03 on Binance — something unusual for a stablecoin. The daily chart shows a vertical price spike, indicating aggressive movement, perhaps caused by low liquidity or a strong capital influx.
But what is USD1?
Everything indicates that this stablecoin is linked to the World Liberty Financial (WLF) ecosystem — a project that mixes DeFi, libertarian narrative, and, believe it or not, connections to the Trump family.
Eric Trump is involved as a manager in the project, and family-owned companies control over 22 billion $WLFI tokens, the native currency of WLF. Despite this, their website makes it clear that Trump does not directly endorse the project... but the marketing has already been done, right?
Summary of the play:
Stablecoin linked to a project with an "anti-banking system" narrative
High volume in the last 24h: over 16 million
Fluctuation that deviates from the norm of a stablecoin: $0.9995 → $1.03
Massive engagement due to Trump's image in the project
Are we witnessing the next "meme-stable" explode? Or is it just another fleeting hype?