<ul><li>World Liberty Financial (WLF) responds to the Senate investigation on stablecoin, stating that the investigation is based on flawed assumptions and lacks merit.</li><li>The company has raised concerns about the fairness of Senator Blumenthal’s inquiries, who alleges possible breaches of federal law by WLF and Fight Fight Fight LLC, the company behind the Trump memecoin.</li><li>Blumenthal is particularly concerned about potential violations related to Trump’s financial gains from the companies and the connections between WLF and the Trump family, raising suspicions of conflicts of interest.</li><li>WLF's legal response rejects the claims, emphasizing that their stablecoin, USD1, is fully reserved and backed by U.S. Treasuries and cash equivalents, aiming to enhance U.S. financial influence globally.</li></ul>

World Liberty Financial Responds to Senate Investigation on Stablecoin

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