1 week ago
World Liberty Financial, the Trump family-backed crypto firm, conscionable dropped $47 worthy of its USD1 stablecoin to each wallet that participated successful its WLFI token sale.
The determination comes arsenic USD1, which is pegged to the U.S. dollar and backed by Treasuries and fiat reserves, expands crossed blockchains arsenic effect of Chainlink’s CCIP integration.
USD1’s marketplace headdress sits astatine $200 cardinal — inactive tiny compared to Tether’s USDT oregon Circle’s USDC but notable fixed the Trump transportation and the token’s usage successful MGX's $2 cardinal concern into Binance.
A $47 payout is improbable to beryllium a life-changing magnitude for token holders, but it has been capable to prosecute holders and bump societal chatter astir the task connected X.
As such, the transportation comes arsenic World Liberty Financial gears up to motorboat its ain crypto wallet successful the coming months, arsenic reported Tuesday.
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