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Trump-linked Company Launches Dollar-backed Stablecoin Amid Federal Crypto Push
by Veronika Kyrylenko, The New American: World Liberty Financial (WLFI), at which President Trump and his sons Donald Jr., Eric, and Barron hold leadership positions, has launched a new crypto venture. WLFI introduced USD1, a U.S. dollar-pegged stablecoin “inspired by President Donald J. Trump.” According to the announcement, USD1 will be “100% backed by short-term US government […]
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