educational content
Family what is $USD1
USD1 is a stablecoin backed by US dollars (1:1 model) launched in March 2025 by World Liberty Financial Inc. (WLFI), a DeFi platform inspired by the figure of Donald J. Trump. It is designed to attract institutional investors and facilitate stable cross-border transactions on Ethereum and BNB Chain. Despite its rapid growth in market capitalization and a high-profile agreement with Binance and MGX, there are doubts about the transparency of its reserves and the potential political burden associated with its image.
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