World Liberty Financial, a decentralized financial ceremonies that were founded and operated by the son of President Donald Trump. Announced on Tuesday That it will launch a stablecoin called USD1. The announcement is less than a week after President Trump Throw his support Behind the new legislative framework that will make the sea stable
TractorUSD1 will be supported by the US dollar and other equivalent cash dollars. It will be launched in Blockchains Ethereum and Binance Smart Chain Blockchains, with plans to expand to other protocols in the future.
As well as most stability, the USD1 series to maintain the constant value of $ 1 instead of a more volatile Token. In general, stability is meaningful for Crypto Bros to park their cash. Think of stability, such as chip poker – you buy with real cash, use a chip to play games. (In this case, throwing money into some memes or whatever) and paying them in real money again when you finished.
But the World Liberty Financial looks like an audience, especially in the USD1 Zach Witkoff, one of the founders of the company, and Trump said that the company is “presenting a digital dollar that investors and institutions can combine with their strategies for cross -border transactions and safety. Therefore, they are very interested in money.
That may cause a red flag, do you know that Trump is the President of the United States and whatever? World Liberty Financial has been accused of being a popular fund such as the Office of the Securities and Exchange Commission and the Stock Exchange. Stop fraud In the case of the Chinese national Justin Sun, after he bought millions of Liberies worlds, it seems that the company is inviting other foreign countries to trust to save money with this Stablecoin project (it is also worth noting that Zach Witkoff's father. Steve WitkoffCurrently acting as a special ambassador of Trump to the Middle East)
That is far from the only red flag that can fly with this announcement. Last week, Trump Ghosts at Digital Asset Summit 2025 and called for Congress “through the laws that create simple rules and common sense for Stabelecoins and market structures.”-Reference to A National Guidelines and Creating Innovation for US Stableoins (Genius) Act That was just approved by the Senate Committee at the beginning of this month The billing will create a security framework for our usage to be normal in our wider financial system.
Two things to know about intelligent actions: First of all “Strengthening the maximum power of dollars” and pushing “the need for us.” By making sure that the stables were fixed in the dollar. You will not know USD1. Do that. Second, Bill critics, including Elizabeth Warren Mi Point That it does not provide sufficient national security protection and can provide money in a constant security from foreign countries. World Liberty Financial is currently a stable position for foreign investors. Are those messages involved? Who can definitely say
A lot of money can go through stability and create a large coin for TETHER entrepreneurs reporting that it With a profit of up to 13 billion US dollars In the year 2024 only through Festival, transactions and interest in the warehouse– Despite the fact that it is most stable at some point Go astray From the promise, it may cause instability and cannot be received.
It seems like a business that is likely for those who have World Liberty Financial. Proceed in front of the curve Regarding what Trump's management planned to do with the rules. Crypto guessed that it was a good thing to have a direct line to the man who signed the law.