World Liberty Financial Fires Back at Blumenthals Flawed USD1 Stablecoin Probe

World Liberty Financial (WLFI) has disputed the accusations made by Democratic Senator Blumenthal in his investigation into the companys USD1 stablecoin and its ties to President Trumps crypto ventures. The attorneys termed the investigation as fundamentally flawed, because it is based on incorrect information. Blumenthal, a top member on the Senate Permanent Subcommittee on Investigations, […]

View Details

Trump-Linked USD1 Stablecoin Sees $2.12 Billion Market Cap on BNB Chain.

Trump associated stablecoin USD1 quickly achieves $2.12B market cap on BNB Chain, causing a debate over political influence on its future.

View Details

Donald Trumps World Liberty Financial reportedly sells Ethereum amid $125M loss

World Liberty Financial (WLFI), the DeFi project partly owned by US President Donald Trump‘s family, has begun offloading some Ethereum holdings amid the top asset’s recent price struggles. On April 9, blockchain analysis platform Lookonchain, citing data from Arkham Intelligence, reported that a wallet linked to the DeFi venture sold 5,471 ETH for approximately $8.01 […]

The post Donald Trump’s World Liberty Financial reportedly sells Ethereum amid $125M loss appeared first on CryptoSlate.

View Details

Trump-Backed World Liberty Financial Proposes Test Airdrop of USD1 Stablecoin to Token Holders

World Liberty Financial proposes a test airdrop of its USD1 stablecoin to token holders, aiming to validate its system and boost visibility before full deployment.

View Details

Trumps new USD1 stablecoin exacerbates worries about conflicts of interest

There have been reports that former President Donald Trump plans to launch his own stablecoin, called the “Trump USD,” which raises concerns around potential conflicts of interest. The launch of this stablecoin could pose ethical issues as it would involve Trump profiting off his political influence and potentially using the digital currency to further his [...]

The post Trump’s new USD1 stablecoin exacerbates worries about conflicts of interest appeared first on Crypto Breaking News.

View Details

Trump-Backed USD1 Stablecoin Launch with Big Claims

Trump-inspired World Liberty Financial Inc or WLFI, is finally launching USD1, the much antipated dollar-pegged stablecoin on the Ethereum (ETH) and Binance Smart Chain (BSC) with plans to expand to other blockchains shortly. As per the Medium post, the stablecoin will be redeemable 1:1 for the US dollar (USD), 100% backed by short-term US government […]

View Details