usually a 1:1 dollar peg, making it easier for traders to move funds between cryptocurrencies. Their use has grown rapidly in recent years. Sign up here. A spokesperson for Fidelity said that the ...

World Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family, confirmed on Tuesday its plans to launch a U.S. dollar-backed stablecoin.

His crypto project World Liberty Financial has launched a stablecoin, or a token pegged to a fiat currency like the U.S. dollar, according to Bitcoin or Ethereum can soar or plummet 10% in hours.