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Trump Media Announces Intention to Partner with Crypto.com to Launch ETFs

  • World Liberty Financial announced the launch of USD1, a stablecoin pegged to the U.S. dollar, which is backed by Treasury bills and other stable assets.
  • Zach Witkoff, a co-founder of World Liberty Financial, stated, "We’re offering a digital dollar stablecoin that sovereign investors can confidently integrate into their strategies for seamless, secure cross-border transactions."
  • The Trump family, including Donald Trump and his sons, are promoting the World Liberty Financial project and acting as 'Web3 Ambassadors.'
  • The launch of USD1 occurs amid ongoing controversies surrounding Trump's administration, including a scandal involving classified information.
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Crypto News Land broke the news in on Monday, March 24, 2025.
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