The USD1 currency was launched on Binance yesterday, and it is a stablecoin pegged to the dollar 1:1 developed by World Liberty Financial, which is associated with the Trump family.
The currency is backed by BitGo Trust, and its goal is to provide a secure and stable digital alternative, but the presence of the Trump name gives it a not-so-simple political character.
Currently available for trading on Binance with the USD1/USDT pair, it has started to attract people's attention, but it is still too early to judge.
The question here is, is it just a political piece? Or is it really a stable project competing with USDT and USDC?
