Trump Takes Action: Launching Stablecoins and Hosting a Crypto Dinner to Gain Popularity. Trump Really Wants to Be the "Crypto President"!
His family business, World Liberty Financial, announced the launch of a stablecoin called USD1.
It claims to be fully backed by US dollars and US government bonds, and will be regularly audited, aiming to make international transactions simpler and safer.
Not only that, but Trump also hosted an extravagant dinner at his own golf club, inviting only top fans holding the meme coin $TRUMP to participate. Wealthy individuals spent over 100 million USD to secure their coins for this dinner. Many prominent figures attended, including Sun Yuchen, the founder of Ronin, and the CEO of Magic Eden, among others. It seems Trump really intends to take crypto to the extreme!
