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Trump's World Liberty Financial Launches Stablecoin

USD1 is now live on both Ethereum and BNB Chain.
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Mar 24, 20251 min read

Trump's World Liberty has released a stablecoin on Ethereum and BNB Chain, signaling its entry into the blockchain space while sparking debates over the project's alignment with crypto ideals.

What’s the Scoop?

  • Stablecoin Launch: Trump-backed World Liberty has launched a new stablecoin on Ethereum and BNB Chain as part of its efforts to enter the digital asset space.
  • Deployment Details: The smart contract behind the stablecoin was deployed 20 days ago, signaling a well-planned strategy for its release coinciding with recent market stability.
  • Regulatory Implications: The stablecoin is being launched amidst significant speculation about potential regulatory oversight and compliance challenges due to its high-profile backing.

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