In 2020, Trump lost to Biden, and his Twitter account was banned
In a fit of rage, he built his own social media 'Truth Social', which quickly went public on Nasdaq, code DJT, with a first-day market value soaring to 8 billion dollars, once surpassing Reddit and Spotify!
Do you think he just wants to make a statement? Too young, too simple
🔹 This time he not only wants to speak -- he wants to print money
In 2024, the Trump family endorses USD1 stablecoin, leveraging 'the credit of the US President', issuing 2.1 billion dollars in just 3 months
Directly surpassing the PYUSD painstakingly built over two years by PayPal, landing in the Top 5 of stablecoin market cap
⚔️ In the battle for on-chain dollar supremacy, the first to seize this 'political crab' was neither Wall Street nor the Federal Reserve, but a low-key yet hardcore full-chain liquidity protocol in the Web3 world @Stake_Stone, the familiar Brother Stone
🎯 Why StakeStone?
USD1 is currently only natively deployed on Ethereum and BNB Chain, with Binance Chain accounting for up to 98%. If USD1 wants to promote multi-chain, it must have a partner that can transform it from a 'single-chain stablecoin' into a 'fully interoperable currency'
Thus, Brother Stone came out, and StakeStone's advantages matched the pain points of USD1's demand
🔹 Proficient in multi-chain distribution: Practical experience in projects like Berachain, Story, etc.
🔸 Possessing one-stop capabilities: Minting → Bridging → Yield Certificates
🔹 Not just coding: truly able to push assets into DeFi practical scenarios
Thus, StakeStone becomes the official minting service provider for USD1 + full-chain liquidity hub, providing one-stop services from off-chain minting, to cross-chain deployment, to landing in DeFi scenarios, making you comfortable all the way to Chengdu
To put it bluntly, this is not just a simple integration, it is an official authorized full-chain stablecoin packaging service by the Trump family
📦 What is StakeStone authorized by WLFI to do?
StakeStone is applying for a compliant payment license to turn USD1 into a global payment 'on-chain dollar API', fully operationalizing the following closed loop, serving global payments and digital settlements
🌐 Distributed to 20+ public chains, achieving cross-chain usability
💳 Connecting fiat currency deposits: Credit Card / SWIFT / Wire Transfer directly minting USD1
📈 Deploying on-chain yield scenarios: Morpho, Pendle, EigenLayer
🔁 Launching USD1 × CeDeFi product, connecting RWA and off-chain yields
StakeStone founder Charles puts it very clearly:
In the future, stablecoins will gradually replace SWIFT, Stripe, and even cash itself
It's just a different way of accounting: Web2 uses centralized databases, Web3 uses chains
What StakeStone aims to do is make USD1 the first true player to successfully operate in this on-chain dollar competition
The authorization from the Trump family is not just talk; they truly handed over the full-chain issuance rights of USD1 to StakeStone, equivalent to the emperor bestowing the imperial sword
✅ Summary
The second half of stablecoins is about compliance and landing scenarios, and this time, the new order of on-chain dollars
Perhaps it really relies on Trump + Brother Stone to print this political currency to every corner of the globe
StakeStone is awesome Plus