World Liberty Financial to Launch Trump-Backed USD Stablecoin
- World Liberty Financial (WLFI) plans to launch a USD stablecoin named “USD1”.
- The announcement was made in a post on Tuesday.
- The project is backed by former President Donald Trump.
- The initiative presents itself as a pioneering DeFi venture.
- This development coincides with two landmark stablecoin bills progressing through Congress.
World Liberty Financial announced its intention to introduce the “USD1” stablecoin, supported by Donald Trump, amid ongoing legislative discussions on stablecoins in Congress.
Source (2.6)https://news.bitcoin.com/trump-backed-world-liberty-financial-to-launch-stablecoin/?rand=52384
