USD1 Stablecoin or Political Power Play?
USD1 is a new dollar-backed stablecoin launched by World Liberty Financial, with ties to Donald Trump. Pegged 1:1 to the U.S. dollar and custodied by BitGo, it promises fast, low-cost, cross-chain transactions. Now trading on Binance with a $2.1B market cap, USD1 blends financial innovation with political controversy. While offering stability and DeFi potential, its Trump connection raises questions about influence and trust. Is it the future of digital dollars—or a strategic move in disguise?