$USD1

Trump plays a new move in the crypto market

The USD1 coin was launched on Binance yesterday, and it's a stablecoin pegged to the dollar 1:1 developed by World Liberty Financial, which is linked to the Trump family.

The coin is backed by BitGo Trust, and its goal is to provide a secure and stable digital alternative, but the presence of Trump's name in the picture gives it a not-so-simple political tone.

Currently available for trading on Binance with the USD1/USDT pair, and it has started to attract people's attention, but it's still too early to judge.

The question here is whether it is just a political paper? Or is it really a stable project that competes with USDT and USDC?

#USD1

#Stablecoins

#bitcoin

#TrumpTariffs