World Liberty Financial Launches USD1 Stablecoin
- World Liberty Financial announced the launch of a stablecoin named USD1.
- USD1 is pegged to the US dollar and backed by short-term government treasuries, dollar deposits, and cash equivalents.
- The stablecoin will be available on Ethereum and Binance Smart Chain networks.
- The company has secured $550 million in token sales and partnered with BitGo for digital asset custody.
- USD1 will undergo regular third-party audits to ensure transparency.
World Liberty Financial’s new stablecoin, USD1, aims to bridge traditional finance with digital assets by offering a secure option for institutional investors. The coin is supported by significant partnerships and financial backing.
Source (2.6)https://dailyhodl.com/2025/03/25/president-trumps-world-liberty-financial-announces-launch-of-institutional-ready-stablecoin-usd1/?rand=59076
