#FidelityStablecoin
# **USD1 Stablecoin Launches, Inspired by Trump’s Crypto Vision**
World Liberty Finance (WLFI) has unveiled **USD1**, a **US dollar-pegged stablecoin**, marking a major leap for the crypto market. Backed by US dollars, Treasuries, and cash equivalents, USD1 enters the competitive stablecoin arena.
The launch aligns with **former President Donald Trump’s push** for stablecoin regulation—a key focus during his administration. Since returning to office, Trump has driven significant crypto policy reforms in just three months. WLFI’s USD1 continues this legacy, offering a **DeFi-powered stablecoin** with institutional-grade trust.
Zach Witkoff, WLFI co-founder, stated: *“USD1 merges DeFi’s power with traditional finance’s security—unlike algorithmic or anonymous projects. It’s a digital dollar institutions can trust for seamless cross-border transactions.”*
The stablecoin market, now **over $230 billion**, sees USD1 as a formidable new contender. Will it rise to challenge giants like USDT and USDC? Only time will tell.