World Liberty Financial Inc. quietly launches USD1 stablecoin

World Liberty Financial Inc. quietly launches USD1 stablecoin


World Liberty Financial Inc. discreetly launched its stablecoin USD1, which is now live and is actively negotiated on the Smart and Binance Smart Chain channel both on Ethereum and Binance, despite no official launch announcements.

According to CoinmarketcapThe commercial volume of the USD1 has jumped more than 6,700% in the last 24 hours, currently at more than $ 140 million, just a few days after its discreet debut. Its market capitalization currently amounts to around $ 128 million. The USD1 logo is also now visible on Binance and CoinmarketCap.

World Liberty Financial Inc. quietly launches USD1 Stablecoin - 1
Source: Coinmarketcap

Blockchain analysts first spotted A USD1 smart contract deployment on Binance Smart Chain on March 24. At the time, the activity seemed limited to testnet transactions, including interactions with portfolios linked to the Crypto Wintermute market manufacturer. March 25, WLFI confirmed The launch plans for USD1, but no launching date or exchange list was provided.

The real launch of soft soft seems to have taken place around April 12, when the first liquidity pools involving USD1 deployed On Uniswap V3 and Pancakeswap V3.

However, WLFI has not yet announced centralized exchanges. The launch seems to have been strategically silent, allowing WLFI to test traction and market infrastructure in real conditions.

Trump’s links with USD1 – a stablecoin supported by US treasury bills, money and equivalents with Bitgo serving a reserve goalkeeper – have raised alarms among legislators and financial analysts.

During an audience of April 2 of the Chamber’s Financial Services Committee, focused on the regulation of Stablescoin, the Democrat representative Maxine Waters said That Trump intends to use USD1 to replace the US dollar in government functions.

“Trump probably wants the whole government to use stablecoins, from payments made by the Ministry of Housing and Urban Development to Social Security payments to taxes. And which room do you think that Trump would replace the dollar with his, of course.”

ARI10 CEO Mateusz Kara said Trump’s support for USD1 is less to adopt the crypto and create a new channel for the global distribution of American debt.

“I don’t quite believe in Trump’s sudden love for stablecoin and blockchain”, Kara said In a statement sent to Crypto.News. “The real goal of strengthening the Stablescoin market is to make the world a new receptive market for American obligations.”

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