🚀 Breaking: Trump-Backed Stablecoin USD1 Hits $1.02B Market Cap Across Ethereum & BNB Chain!

The stablecoin USD1 from World Liberty Financial (WLFI), the crypto project tied to the Trump family, has now surpassed $1.02 billion in total market value — with over $1B+ on BNB Chain alone!

On-chain data reveals three rapid minting events recently on BNB Chain, injecting hundreds of millions of USD1 into the network. Paired with existing supply on Ethereum, the token’s footprint is rapidly expanding.

Analysts suggest this surge could be part of a larger strategy to boost USD1’s adoption across DeFi protocols, cross-chain liquidity pools, and major trading platforms.

Is USD1 positioning itself as a major player in the stablecoin ecosystem? Time will tell — but the momentum is undeniable. 💸

#crypto #stablecoin #USD1 #BNBChain #ethereum #TrumpCoin #defi #Blockchain #Web3 #WLFI

🚨 BREAKING 🚨

Donald Trump will launch a new crypto token, $WLFI, tied to his company, "World Liberty Financial" in the next 2 weeks.

DWF Labs has announced a notable $25 million investment in World Liberty Financial (WLFI), a decentralized finance protocol with ties to the Trump family. This investment is seen as a significant step into the U.S. market for DWF Labs, which plans to open an office in New York City to foster relationships with regulators and financial institutions. The investment, which highlights DWF's confidence in the U.S. as a growing region for institutional crypto adoption, comes amidst existing political controversies surrounding WLFI.

Notably, there are growing concerns about the potential for financial misconduct associated with this investment. Allegations have surfaced regarding the governance and revenue distribution of WLFI, indicating that a substantial portion of its earnings may directly benefit Trump's family. Furthermore, DWF Labs itself has faced prior accusations of market manipulation, which contributes to the skepticism regarding the legitimacy of this partnership.

As DWF Labs integrates into the U.S. crypto landscape, it aims to leverage its position to provide liquidity for WLFI’s upcoming stablecoin, USD1, but the circumstances surrounding this investment warrant careful scrutiny from the crypto community and regulatory bodies alike.

Trump’s Crypto Project Has Raised $550 Million in Token Sales

A company affiliated with #Trump receives 75% of net revenue as a fee, including the proceeds of token sales, according to the offering document for World Liberty’s initial token sale.

The company sold $300 and $250 million worth of WLFI tokens in two different sales, although it is not clear when each took place. The coins were marketed both inside and outside the U.S. and more than 85,000 investors participated, according to the company.

https://www.bloomberg.com/...

DWF Labs just transferred 25M $USDC to Donald Trump’s World Liberty Financial (worldlibertyfi)!

Side note: A day ago, they received 1M #USD1 , the stablecoin launched by WLFI, for market-making purposes.

🌟 DWF Labs: https://platform.spotoncha...

🌟 World Liberty Financial: https://platform.spotoncha...