🇺🇸 TRUMP-LINKED CRYPTO FIRM PREPS AUDIT & APP LAUNCH – USD1 STABLECOIN IN SPOTLIGHT!
US Liberty Financial (WLF), a Trump-backed company, is stepping into the spotlight with major moves that could shake the stablecoin landscape. In the coming days, WLF will release its first audit for the USD1 stablecoin — already boasting a $2B+ market cap since March.
🧾 Audit Incoming The audit will reveal the backing for USD1, which WLF claims includes USD deposits, Treasuries, and cash equivalents held by BitGo. Monthly reserve reports are expected moving forward — a transparency play that could appeal to institutional and retail users alike.
📱 New App on the Way WLF is also rolling out a mobile app aimed at making USD1 easier to buy, store, and send — streamlining on-ramps and off-ramps for crypto newcomers.
🗳️ Governance Token WLFI WLFI, the non-tradable governance token, may hit exchanges soon. It gives holders a voice in protocol decisions — and possibly a payday. Co-founder Zak Folkman teased that WLFI holders “will be very, very happy” in the coming weeks.
💰 Trump Family Cashes In The Trump family reduced their WLF stake from 60% to 40% in June, pocketing $130M — raising eyebrows among lawmakers and ethics groups.
With heavy hitters like UAE’s MGX using USD1 for multi-billion dollar Binance trades and a 85K-wallet airdrop completed in June, all eyes are on the audit and app rollout. A clean audit and smooth launch could catapult USD1 into the top tier of stablecoins.
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