Mars Finance news, Reuters cites Arkham data stating that a single wallet holds USD1 worth 2 billion, and it is still unable to confirm the identity of the wallet's owner. Previously, U.S. Democratic Senator Elizabeth Warren stated that Trump's push for the development of stablecoins raises concerns about conflicts of interest. It is reported that USD1 is a stablecoin launched by Trump's family crypto project WLFI, backed by U.S. Treasury bonds, U.S. dollars, and other cash equivalents. The current issuance value has reached approximately 2.1 billion dollars, but the identity of its main holder remains unclear. Previously, Trump's son Eric Trump announced that USD1 has been officially selected as the stablecoin for Abu Dhabi investment institution MGX to complete its 2 billion dollar investment in Binance.