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.