Trump is making 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, linked to the Trump family.
The currency is supported by BitGo Trust, and its goal is to provide a safe and stable digital alternative, but the presence of Trump's name in the picture gives it a simple political tone.
Currently available for trading on Binance with the USD1/USDT pair, 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?
#Stablecoins
#trum pTariffs