World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers. On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale. The airdrop, approved […]
Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can
Binance lists USD1 stablecoin with trading restrictions in EU and US Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On a negative development for the US crypto industry, the highly anticipated stablecoins legislation has failed to advance in the US Senate after not receiving enough support from Senate Democrats. Several Republican senators have slammed the Democratic lawmakers for putting “partisan politics
Senators Slam Stablecoin Bill Failure Over Partisan Politics Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” The bill – the Guiding and Establishing National Innovation for US Stablecoins Act – has
Senator Rips GENIUS Act, Alleges Trump Cashing In On USD1 Coin Read More »
Key Notes Backed by US Treasuries, USD1 will reportedly serve as the settlement currency for a $2 billion investment from Abu Dhabi-backed MGX. Warren has raised alarm about the GENIUS Act, which aims to establish a US regulatory framework for stablecoins. She alleges the bill could facilitate financial profiteering by Trump and his associates, labeling
Warren Urges Senate to Block Crypto Bill Over Trump Deal Read More »
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este
Whales Lose Big In $8.58 Million Sell-Off Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin
Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move Read More »
