Important news in the crypto world!
A massive amount of 20 million USD1 has been issued on the Tron network. This stablecoin, linked to the World Liberty Financial platform of the Trump family, is gaining momentum.🚀
What makes this issuance special? It was carried out under the new U.S. GENIUS Act, the first federal law regulating stablecoins, requiring a 1:1 backing with dollars or Treasury bonds. This could mean greater trust and stability for USD1.🛡️
Analysts suggest that the popularity of USD1 could boost the demand for TRX, the native cryptocurrency of Tron, as it is used for transactions. The future of stablecoins seems more regulated and exciting. Keep an eye on this development! 👀
#Tron #Stablecoin #USD1 #LeyGENIUS
Disclaimer ⚠️
The information provided in the previous post is for informational and educational purposes only. It should not be construed as financial, investment, legal, or tax advice.🚫
Investing in cryptocurrencies and decentralized finance (DeFi) carries significant risks, including the potential total loss of invested capital.⚠️
Always do your own research (DYOR - Do Your Own Research) 🫵🏻