Trump-affiliated USD1 has $0 in excess reserves
The report by BitGo notes that all of USD1's reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
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The report by BitGo notes that all of USD1's reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
Read more (2 min) →— Stablecoins, Trump
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.