$USD1
Trump plays a new move in the crypto market
The USD1 coin was launched on Binance yesterday, and it is a stablecoin pegged to the dollar 1:1 developed by World Liberty Financial, which is linked to the Trump family.
The coin is backed by BitGo Trust, and its goal is to provide a safe and stable digital alternative, but the presence of Trump’s name in the picture gives it a not-so-simple political character.
Currently available for trading on Binance with the USD1/USDT pair, and it has started to attract people's attention, but it’s still too early to judge.
The question here is, is it just a political paper? Or is it really a stable project competing with USDT and USDC?
#USD1
#Stablecoins
#bitcoin
