🚀 $WLFI Launches $USD1 #stablecoin  —A New Challenger to Tether?

World Liberty Financial (WLFI) has unveiled #USD1  , a new stablecoin pegged 1:1 to the U.S. dollar, aligning with Trump’s push for stablecoin-driven dollar dominance.

🔹 Key Highlights:

✅ Backed by U.S. Treasuries & cash equivalents (claims pending audit)

✅ Available on Ethereum & #BNBChain#

✅ Market maker Wintermute was already trading USD1 before the official launch

✅ Former Binance CEO CZ reacted cryptically—Binance's role remains unclear

🚨 Concerns:

❌ #WLFI  has $111M in unrealized losses, raising reserve transparency questions

❌ No audit yet—Tether déjà vu?

Could USD1 shake up the stablecoin market, or will its backing concerns hold it back? 🤔💰

#WorldLibertyFinance #CZ