Trump’s Team Quietly Launched a #stablecoin Called USD1?
A stablecoin named USD1, backed by Donald Trump’s crypto venture World Liberty Financial, is now live.
It operates on both the Ethereum and Binance Smart Chain blockchains.
There was no official launch announcement, but former Binance CEO Changpeng Zhao (CZ) shared a link to the token.
Why Trump Might Be Launching a Stablecoin
- It’s a high-margin business.
- With proper backing (like U.S. treasuries), stablecoin issuers can earn interest on the reserves while offering a “stable” crypto asset.
- The potential profits are huge—5% yield on tens of billions in reserves adds up fast.
With $550 million already raised, World Liberty Financial could quickly become a major player—but also a regulatory target.
