Published on: 2025-05-30 14:18:52
World Liberty Financial, the decentralized finance protocol that was founded and run primarily by President Donald Trump’s sons, announced Tuesday that it will launch a stablecoin called USD1. That announcement comes less than one week after President Trump threw his support behind a new legal framework that would seek to normalize stablecoins. According to Reuters, USD1 will be backed by U.S. Treasury bonds, dollars, and other cash equivalents. It’ll launch on Ethereum and Binance Smart Chain
Keywords: financial liberty money stablecoins world
Find related items on AmazonPublished on: 2025-05-31 02:59:23
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. The development comes as the market cap for dollar-backed stablecoins — cryptocurrencies that promise a fixed value peg to another asset — has been climbing to new all-time-highs this year and has grown more than 46% in the past year, according to Crypto Quant. The market has long been dominated by Tether (USDT) and, more recently, Circle's USDC . "USD1 provides what algorithmic and anony
Keywords: crypto dollar market stablecoin stablecoins
Find related items on AmazonPublished on: 2025-05-31 06:43:01
World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin, joining an increasingly crowded market. The company said Tuesday that the stablecoin, dubbed USD1, will be pegged to the U.S. dollar and be backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. It will soon go live on the Ethereum and Binance Smart Chain networks. "USD1 provides what algorithmic and anonymous crypto
Keywords: crypto dollar market stablecoin stablecoins
Find related items on AmazonPublished on: 2025-06-18 10:46:23
Now, with Iron, MoonPay can offer businesses the ability to accept stablecoin payments, unlocking instant, low-cost, and borderless transactions. Already, MoonPay makes it easier for people to participate in the new crypto economy by enabling onboarding through most traditional payment rails, including debit cards, bank accounts, PayPal, Venmo, Apple Pay, and Google Pay. "We think everyone is going to have a digital currency wallet, whether it's inside of a bank account or independently. And w
Keywords: moonpay payments stablecoin stablecoins wright
Find related items on AmazonPublished on: 2025-07-07 20:00:48
These days, everyone's getting into crypto. With the self-declared "crypto president" in office, the market is surging, and the public is hoping to cash in. Now, even the CEO of the second largest bank in the US wants to get into blockchain, though there's just one tiny wrinkle: it's not quite legal yet. "It's pretty clear there's going to be a stablecoin," Bank of America CEO Brian Moynihan said in an interview on Tuesday, referring to a type of digital currency designed to mirror the value of
Keywords: crypto dollar industry stablecoins zitron
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