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At the end of March, World Liberty Financial, the crypto company affiliated with President Donald Trump and his family, announced plans to launch a new stablecoin known as USD1.
US policy shifts, regulatory clarity, and institutional involvement have driven rapid expansion in the stablecoin market.
And this may be unnerving to you, but I would point out that the US dollar has exactly the same ... recent announcements of a new dollar-backed stablecoin and investment funds for digital assets.
Photo: Chris Kleponis/Press Pool The Trump family’s World Liberty Financial is launching a stablecoin, its latest bid to capitalize on a crypto-market revival kindled by the president’s election.
President Trump said at Friday’s White House crypto summit that he hopes lawmakers send stablecoin legislation to his desk before Congress’s August recess. He expressed his support for lawmake ...
is joining the stablecoin market with a token of its own. Like other stablecoins already in the market, the USD1 coin will be pegged to the US dollar. Short-term Treasuries, dollar deposits ...
President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the dollar, an announcement that comes as his administration ...
The market cap for dollar-backed stablecoins has been climbing to an all-time-high this year, according to Crypto Quant.
Investing.com -- World Liberty Financial Inc., a DeFi protocol and governance platform developer, has announced plans to launch USD1, a stablecoin that can be redeemed 1:1 for the US dollar (USD). The ...
is planning to launch a U.S. dollar-pegged stablecoin, it said on Tuesday. The new digital token, called USD1, will be fully backed by short-dated U.S. government treasuries, as well as USD ...
Investing.com -- World Liberty Financial Inc., a DeFi protocol and governance platform developer, has announced plans to launch USD1, a stablecoin that can be redeemed 1:1 for the US dollar (USD).