The Trump family's World Liberty Financial is launching USD1, a stablecoin backed by U.S. Treasurys and dollar deposits. Issued on Ethereum and Binance blockchains, USD1 aims for a 1:1 peg with the U.S. dollar, enhancing the DeFi market. Critics highlight potential conflicts of interest, given President Trump's push for stablecoin legislation. Nonetheless, the crypto community shows significant interest. citeturn0news10

#USD1 #stablecoin. #DeFi #TrumpCrypto #

#CryptoNews

$BTC