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Trump-Backed World Liberty Financial Launches USD1 Stablecoin

  • 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.

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