🚨 USD1: A stablecoin gone wild? Or just the power of the “Trump Effect”?
In the past 24 hours, the USD1/USDT pair made waves by briefly breaking its $1.00 peg and spiking to $1.03 on Binance — an unusual move for a so-called stablecoin. The daily chart shows a sharp vertical candle, hinting at low liquidity or a sudden surge in demand.
But what exactly is USD1?
It appears to be tied to the World Liberty Financial (WLF) ecosystem — a DeFi project with a bold mission to "break free from the grip of traditional finance"... and it just happens to have ties to the Trump family.
Eric Trump is listed as a board manager, and entities affiliated with the family reportedly hold over 22.5 billion $WLFI tokens. Although the site explicitly states that Donald J. Trump does not officially endorse the project — the branding and hype already speak volumes.
Quick Breakdown:
A stablecoin linked to a DeFi project with “freedom finance” narrative
High trading volume: over $16M in 24h
Wild price movement for a stablecoin: $0.9995 → $1.03
Mass attention driven by political association and controversy
Is this the birth of the first "meme-stablecoin"? Or just another fleeting crypto pump?
