— Donald Trump, HTX
HTX vs World Liberty war escalates with USD1 delisting
The Donald Trump-Justin Sun feud has escalated after HTX delisted USD1, issued by Trump-founded World Liberty Financial.
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— Donald Trump, HTX
The Donald Trump-Justin Sun feud has escalated after HTX delisted USD1, issued by Trump-founded World Liberty Financial.
Read more (2 min) →— Binance Smart Chain, Stablecoins
USD1 is issued on several blockchains, but Binance Smart Chain dominates, thanks in large part to the MGX-Binance deal.
— DeFi, Stablecoins
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
The report by BitGo notes that all of USD1's reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
— Stablecoins, USD1
Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency.
— Stablecoins, Trump
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.