Trump's World Liberty Financial Announces USD1 Stablecoin with Binance Backing
World Liberty Financial, a cryptocurrency venture co-founded by Trump’s associates, announced the launch of USD1, a stablecoin pegged 1-to-1 to the U.S. dollar. The launch involves a strategic partnership with Binance and a $75 million investment from Justin Sun, raising significant concerns about potential conflicts of interest and regulatory compliance.
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Trump's crypto empire set to expand with new stablecoin and investment fund offerings
· Mar 25, 2025
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The Cascade Ledger. “Trump's World Liberty Financial Announces USD1 Stablecoin with Binance Backing.” The Capture Cascade Timeline, March 25, 2025. https://capturecascade.org/event/2025-03-25--world-liberty-financial-usd1-stablecoin/