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World Liberty Financial has announced the USD1 stablecoin, pegged 1:1 to the US dollar and backed by US Treasury bills and cash equivalents. It will launch on Ethereum and BSC, with BitGO as the crypto custodian. The platform offers stablecoin trading, lending, and liquidity pools, with governance via the WLFI token. Donald Trump is listed as the project's "human rights advocate," his sons as "Web3 ambassadors," and Barron as a "DeFi visionary." USD-backed stablecoins like USDT and USDC generate revenue through interest on reserves. Trump has supported this market since January.
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🚀We had an incredible time at Web3 Amsterdam 2025! The event was a hub of innovation, networking, and insights into the future of decentralized technologies. Grateful for the connections made and knowledge gained. Looking forward to implementing new ideas into our projects! 🌐🔗 #Web3 #Amsterdam #Blockchain #Crypto
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🚨 WLFI, Trump's team, added $AVAX and $MNT today: 103,911 AVAX at $19.25 ($2M) and 2.45M MNT at $0.81 ($2M) In total, World Liberty has spent $343M on 11 tokens, with a current unrealized loss of $115M (📉 1/3 of the total, including $88M just on ETH)
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Tether to Launch USDT on Bitcoin and Lightning Network Tether is integrating USDT into Bitcoin and Lightning Network via Taproot Assets, enabling low fees and seamless compatibility without bridges. Previously issued on OMNI, USDT support was discontinued in 2023. Now, the stablecoin is expanding, launching on Celo, TON, and Aptos, with most volumes currently on Ethereum and Tron.
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