$USD1

Trump plays a new move in the crypto market

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

The currency 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 character.

Currently available for trading on Binance with the USD1/USDT pair, it has started to attract people's attention but it is 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?

We hope for support through following and liking.