World Liberty Financial Inc. (WLFI) has launched a new stablecoin called USD1, backed by the Trump family, to provide safe and reliable investment options for institutions.
USD1 stablecoins will be available on the Ethereum network and Binance Smart Chain, and will include new blockchain platforms in the future.
BitGo, a leading digital asset custodian, will provide custody and liquidity support for USD1.
USD1 aims to offer financial backing, transparency, and security, positioning itself as a reliable digital currency for institutional investors and promoting blockchain adoption.