The Introduction of a New Stablecoin Deepens Trump’s Crypto Involvement
U.S. President Donald Trump is expanding his presence in the world of cryptocurrency. His latest move includes the introduction of a new stablecoin called USD1. This digital currency, launched by World Liberty Financial, is designed to be equal in value to the U.S. dollar. The goal is to provide a reliable digital asset that businesses and investors can use for secure transactions. Stablecoins have become one of the fastest-growing areas in the crypto industry. Unlike Bitcoin and other cryptocurrencies that experience extreme price changes, stablecoins maintain a steady value because they are backed by real-world assets like government-issued money or…