Trump-Tied World Liberty Financial Pitches Its Stablecoin in Washington With Don Jr.
- World Liberty Financial pitched its USD1 stablecoin at a Washington crypto event attended by lawmakers, confirming the launch this week.
- USD1 is fully backed by U.S. Treasuries and aims to retain a value of $1, as announced by World Liberty.
- Donald Trump Jr. Expressed excitement about the stablecoin, stating it can reshape banking and mentioned, 'The sky is the limit for this.'
- The stablecoin sector totals over $237 billion in circulation, according to CoinGecko, and USD1 intends to facilitate seamless cross-border transactions for major institutions.
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16 Articles
16 Articles
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2
Center
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Coverage Details
Total News Sources16
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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