🚀 New stablecoin USD1 from World Liberty Financial: what you need to know?
A new stablecoin USD1 has appeared in the crypto market, issued by World Liberty Financial. Its feature is that the project is supported by Donald Trump, and the token itself is backed by US dollars at a 1:1 ratio.
🔹 On which blockchains does it operate?
USD1 is launched on Ethereum and Binance Smart Chain (BSC), making it convenient for users of both networks.
🔹 Is it already possible to trade USD1?
Currently, the company has stated that the token is not yet available for trading and warned about the risk of fraud.
🔹 What is interesting about it?
The support of the former US president may make this stablecoin a political and economic tool, especially in the run-up to the 2025 elections.
❗ Important!
Before purchasing USD1, it is worth thoroughly studying the project and its regulatory risks. Stablecoins often face pressure from authorities, which can affect their future.
What do you think? Can USD1 become a competitor to USDT and USDC? 🤔