Trump-backed Stablecoin USD1 Launches on Binance Smart Chain! đ
The Trump family-backed World Liberty Financial has announced the launch of USD1 stablecoin, set to debut on Binance Smart Chain (BSC) and Ethereum.
Key Highlights of USD1 Stablecoin:
â USD Pegged â 1 USD1 = 1 USD
â Secure Backing â Backed by US Treasurys, USD deposits & cash equivalents
â Available on Binance Smart Chain (BSC) & Ethereum
Impact on the Binance Ecosystem:
đ Increased DeFi & trading opportunities on BSC
đ Boost in Binance ecosystem and stablecoin adoption
đ Potential regulatory impact from Trump-backed crypto
Final Thoughts:
Can USD1 become a strong competitor to USDT & USDC, or is it just a political move? Share your thoughts in the comments!
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