🇺🇸 Trump-Backed Crypto Giant Set to Shake Up Stablecoin Market with USD1 💥
Audit Incoming
• $2B+ Market Cap
• App Launch Imminent
A Trump-affiliated firm is making waves in crypto again. US Liberty Financial (WLF) is preparing to release its first audit of the USD1 stablecoin — and it could change everything.
🔍 Audit Could Make or Break It
The upcoming audit will reveal USD1's reserves, said to be backed by:
✔️ US dollar deposits
✔️ Cash equivalents
✔️ US Treasuries (custodied by BitGo)
🧾 WLF pledges monthly reserve reports going forward — a transparency move that may draw institutional adoption and retail trust alike.
📱 New WLF App Incoming
A new user-friendly app is launching soon. Key features:
Buy, hold, and send USD1 with ease
Simplified crypto on/off-ramps for beginners
Full visibility into the financial stats of each token
📣 Co-founder Zak Folkman revealed it at the Permissionless Conference (Brooklyn, June 25), teasing:
“Every token’s backing will be verifiable in-app.”
🗳️ Governance Token (WLFI) on Deck
WLFI: Non-tradable (for now) — grants governance rights on USD1 protocol
📈 Listing rumored to go live in weeks
Zak Folkman teased:
“Holders will be very, very happy.”
🏛️ Trump Family’s Role
In June, the Trump family sold 20% of their WLF stake (from 60% ➜ 40%)
Raised $130M, taking total profit to $190M
Political critics note timing amid loosened crypto regulations
🌍 USD1 Adoption Snapshot
🏦 $2B worth of USD1 used by UAE-based MGX on Binance (March)
🪂 85,000 wallets received USD1 in WLF’s $4M airdrop (June)
🚨 What to Watch Next
📊 Audit Results: Will the numbers hold up?
📱 App Launch: Will it win over retail users?
📈 WLFI Listing: A wild card for traders
🧠 Regulatory Response: Tension may grow over political ties
💬 Can USD1 become a top-tier stablecoin before year-end?
Or will controversy, tech hiccups, or regulatory pushback hold it back?
Let’s hear your take. 👇
