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Zach Witkoff

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World Liberty Financial CEO defends stablecoin amid Trump conflict-of-interest scrutiny

Zach Witkoff, CEO of Trump-linked World Liberty Financial, said USD1's trading volume and adoption prove the stablecoin has genuine utility unrelated to political favoritism. He cited over $4 billion in circulation and daily trading volumes exceeding $1 billion, dismissing suggestions the token could be used to funnel money to the Trump family.