USD1, the dollar-pegged stablecoin issued by World Liberty Financial, a company tied to the Trump family, recently became the fifth‑largest stablecoin in the whole cryptocurrency market. USD1 reached an issuance of $4.92 billion on January 26, surpassing Paypal’s PYUSD, which has a market capitalization of $3.7 billion. Trump-Backed USD1 Reaches Top 5 Stablecoin Position USD1, […]
Source: https://news.bitcoin.com/trump-backed-usd1-surpasses-paypals-stablecoin-reaches-4-9-billion-issuance-amid-governance%E2%80%91vote-criticism/
