**Key Cryptocurrency and Finance News from March 25-26, 2025:**
1.Trump's Crypto Venture Launches USD1 Stablecoin
World Liberty Financial, a cryptocurrency venture founded by former U.S. President Donald Trump and his sons, announced plans to launch a stablecoin named USD1. This digital currency will be fully backed by U.S. Treasuries, dollars, and other cash equivalents, aiming to offer a secure digital dollar for cross-border transactions. The token will be issued on the Ethereum network and Binance blockchain.it has already raised $550 million from investors.
2. India Plans Market Borrowing for April-September 2025
India's finance ministry and central bank officials are scheduled to meet on March 26 to finalize the country's market borrowing plan for the first half of the fiscal year 2025-26. The government plans to borrow 14.82 trillion rupees ($172.92 billion) from the debt market during this period.
3. UK's Spring Budget Statement Scheduled for March 26
The United Kingdom's Chancellor of the Exchequer, Rachel Reeves, is set to deliver the spring budget statement to the House of Commons on March 26, 2025. The statement will outline the government's economic plans and fiscal policies for the upcoming year.
4. Argentina's $LIBRA Cryptocurrency Scandal Unfolds
A political scandal has emerged in Argentina involving President Javier Milei and the cryptocurrency project $LIBRA. After Milei promoted $LIBRA, its price surged but subsequently plummeted, leading to allegations of a rug pull scam and $250 million in losses for investors.
Top Gainers:
Dogecoin (DOGE): Experienced a remarkable increase of approximately 10.4%, rising from $0.1846 to $0.2038.
Polygon (MATIC): Saw a gain of about 10.5%, moving from $0.2210 to $0.2450.
Solana (SOL): Increased by around 3.1%, advancing from $140.17 to $144.47.
Top Losers:
BNB (BNB): Declined by approximately 1.8%, dropping from $644.74 to $631.56.
Ethereum (ETH): Experienced a slight decrease of about 0.017%, moving from $2083.56 to $2062.95.
