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USD1: New Stablecoin on BNB Chain and Trump Family Fund Involvement

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by Giorgi Kostiuk

4 days ago


Recently, news broke about the launch of a new stablecoin, World Liberty Financial USD (USD1), on the BNB Chain. This event sparked a wave of discussions due to rumors about its potential connection to the Trump family fund.

Launch of USD1 and Potential Link to Trump Family

The new stablecoin USD1 has been launched on the BNB Chain. No official statement has been made by the Trump family fund, but speculation continues to circulate.

Role of Binance and Statements by Changpeng Zhao

Binance founder Changpeng Zhao (CZ) confirmed that the smart contract for USD1 was deployed 20 days ago. No further details have been disclosed yet.

WLFI's Purchase of MNT Tokens

World Liberty Financial (WLFI) recently purchased a significant amount of MNT tokens, increasing its total asset value to over $340 million.

The emergence of the new stablecoin and WLFI’s recent investments have attracted significant attention to the project. However, everything remains speculative as official parties remain silent on confirmations.

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