$TRUMP World Liberty Financial, the cryptocurrency company founded by Donald J. Trump and his sons, announced on Tuesday that it plans to sell a digital currency called stablecoin, deepening the president's financial ties to cryptocurrencies as his administration relaxes the enforcement of the industry.

The stablecoin would be known as USD1, according to the company’s social media post, without revealing when it would go on sale. Stablecoins, a popular cryptocurrency, are designed to maintain a constant value of $1, making them useful for various types of cryptocurrency transactions.

"No games. No tricks. Just real stability," World Liberty posted on its X account.