A new piece is added to the crypto puzzle: World Liberty Financial, supported by Trump’s entourage, wants to turn the stablecoin USD1 into the locomotive of decentralized finance.
Trump launches a stablecoin, Binance rolls out the red carpet, and here is USD1 at the top. Political coincidences or decentralized finance with a MAGA twist? The crypto story is written in capital letters.
On December 25, bitcoin briefly dropped to 24,000 USD on Binance's USD1 pair before rapidly returning to more usual levels. Such an unexpected move raises questions about the stability of low liquidity pairs and risk management on trading platforms. In a rapidly evolving crypto market, this incident reveals challenges related to liquidity and regulation.
Trump buys back his WLFI token relentlessly. Between crappy shitcoin and dwindling fortune, the family crypto empire is rocking hard. And to think they saw it as digital freedom...
Trump and his family have seen major financial gains during his second term, driven by cryptocurrency ventures and digital assets.
Has Trump found the cure for plummeting cryptos? WLFI buys back its tokens burned with the financial blowtorch. A hastily botched operation or a finely tuned strategy? To be seen.
World Liberty Financial appears poised to build on its market entry by pursuing utility-focused growth. The crypto venture, backed by the Trump family, has outlined plans to issue a debit card and retail application, as per recent reports.
Trump-backed DeFi project World Liberty has launched its USD1 stablecoin on Coinbase, expanding trading access and market adoption.
An explosive Bloomberg investigation accuses Binance and its co-founder Changpeng Zhao of supporting a stablecoin linked to Donald Trump. Named USD1 and issued by World Liberty Financial, this token has sparked numerous controversies. CZ denounces it as a "biased article" and is considering legal action for defamation. Such a case illustrates the growing tensions between political power, financial regulation, and crypto influence.
World Liberty Financial is preparing to make its WLFI token tradable while rolling out a stablecoin audit and a new app to simplify crypto use.
The crypto greenback is waging its war: while rivals battle in plain sight, USD1 climbs the rankings, propelled by the Trumps and boosted by billions.