NEWSLETTER
Reason to trust
Strict editorial policy that focuses on precision, relevance and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reports and publications
Strict editorial policy that focuses on precision, relevance and impartiality
Leon football price and some soft players. Each Arcu Lorem, Ultrices any child or ullamcorper football hate.
This article is also available in Spanish.
According to recent reports, the cryptocurrency of President Donald Trump, the Decentralized Finance Platform (DEFI) World Liberty Financial (WLFI), has presented a new stable called USD1.
This file, linked to the US dollar, is now live in the ethereum (eth) and Binance block chains, although the company did not officially announce the launch on Monday, March 24.
World Liberty Financial Lanza New Stablecoin
The news comes through a <a target="_blank" href="https://fortune.com/crypto/2025/03/24/world-liberty-financial-usd1-stablecoin-donald-trump-binance-cz/” target=”_blank” rel=”nofollow”>report From Fortune, which highlights the expanding cryptocurrency portfolio of the president, who now meets his second term in the Oval Office of the White House.
In social networks, Changpeng Zhao, the former Binance CEO, shared a link to the USD1 tab with its 10 million followers in x, which led to World Liberty Financial to implicitly confirm its legitimacy. However, the company warned that the USD1 cannot be negotiated and warned users that are attentive to possible scams.
Related reading
Stablecoins Such as USD1 are becoming more and more prominent in the cryptographic market, with a remarkable traction in the United States Congress, where legislators have introduced several bills to further support the sector.
The main players such as Tether, the world's largest Stablecoin issuer, USDT, reported earnings of $ 13 billion by 2024, while Circle, the company behind the USDC, plans to make public.
These companies support their stablecoins with US treasures, which allows them to win significantly yieldswhich has proven to be lucrative given its relatively low operating costs compared to traditional corporations.
Ethical concerns arise
World Liberty Financial, announced in August, is part of Trump's broader incursion into the world of cryptocurrencies, which also includes Non -fungible tokens (nfts) and a memory that bears the name of the president, Trump.
The project is positioning within the decentralized financial sector, whose objective is to replicate traditional banking services, such as loans and loans, on blockchain platforms. However, details about specific project offers remain vague, with little information available on their website.
The “Gold Document” of the project describes the ambitions to create a comprehensive center for several defi applications, including decentralized loan platforms and cryptography exchanges. Trump himself has the title of “main cryptography defender” for World Liberty Financial, which underlines his participation in the initiative.
Related reading
In a sample of investor confidence, the project recently announced He had raised $ 550 million in tokens sales, attracting the attention of several interested parties, including members of the Trump family and loyal ones.
Barron, Eric and Donald Jr. have been designated as “Web3 Web3 web Ambassadors of World Liberty Financial, while the real estate tycoon Steve Witkoff and her children appear as co -founders together with the developers of Defi Zak Folkman and Chase Herro, who previously faced challenges with her project, Dough Finance, who suffered a trick of $ 2 million.
Despite the enthusiasm that surrounds the project, he has raised ethical concerns among experts, particularly about the vendor of influence seller.
Critics have indicated cases such as Justin Sun Sun Purchase of $ 75 million in Financial Tokens of Liberty World, suggesting that such activities could blur the lines of regulatory compliance.
At the time of writing this article, Trump Memecoin is quoted at $ 11,58, 30% less in a monthly period and an 84% discount on his current $ 73.43 record reached the same day of his debut on January 19.
Outstanding image of Dall-E, TrainingView.com graphics
(tagstotranslate) crypto
