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Important news from World Liberty Financial.
Record development for the USD1 stablecoin
World Liberty Financial has increased the issuance of its stablecoin USD1 by $205 million, bringing the total supply to a new record level of $2.4 billion.
This development comes after WLFI recently launched the USD1 points program in collaboration with several trading platforms such as Bitget, Gate, and MEXC.
The news also indicates that this issuance followed a statement from a senior official at the U.S. Federal Reserve supporting stablecoins, highlighting the importance of this step in the financial landscape.
Risk Warning: Trading cryptocurrencies involves high risks and may result in the loss of invested capital.
Stay tuned for more cryptocurrency news.
