World Liberty’s USD1 will be backed by short-term U.S. Treasurys, U.S. dollar deposits, and other cash equivalents, the company said Tuesday. The token will be issued on the Ethereum network and ...

USD1 is pegged 1:1 to the dollar and backed by short-term Treasuries and cash equivalents. BitGo has been selected as the official custodian. The stablecoin would primarily serve the institutional ...

President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the dollar, an announcement that comes as his administration ...

World Liberty ... coins. WLFI later confirmed on X that “USD1 is not currently tradable” and warned users about scams. According to WLFI, each token will maintain a 1:1 peg to the U.S. dollar ...

The crypto platform, linked to the Trump family, plans to introduce USD1, a digital asset backed by U.S. dollar reserves and government treasuries. World Liberty Financial announced its plans to ...

Investing.com -- World Liberty Financial Inc., a DeFi protocol and governance platform developer, has announced plans to launch USD1, a stablecoin that can be redeemed 1:1 for the US dollar (USD).

In a statement issued Tuesday, World Liberty confirmed the launch of the USD1 stablecoin, and elaborated that the token will be collateralized with short-term U.S. Treasuries, U.S. dollar deposits ...