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.
Bitcoin24h
$109,350.23+0.52%
Ethereum24h
$2,584.60+0.55%
XRP24h
$2.25+0.30%
BNB24h
$662.62+0.51%
Solana24h
$151.77-1.14%
TRON24h
$0.2868+0.36%
Dogecoin24h
$0.1711+1.23%
Cardano24h
$0.5941+1.29%
Hyperliquid24h
$39.45-1.34%
Sui24h
$3.01+4.21%
USD1 is a top stablecoin with no attestation and no transparency
Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency.
World Liberty Financial announces USD1 without governance vote
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.
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Michael Saylor keeps diluting MSTR holders after preferred sale flops—by Protos Staff
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Has the bitcoin treasury company bubble popped?—by Protos Staff
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Bitcoin price goes nowhere as corporates pass BTC around—by Protos Staff
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Burwick Law wants a $440M crypto lawsuit served via NFT—by Protos Staff
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Across Protocol accused of looting DAO treasury of $23M—by Protos Staff
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How far could bitcoin fall before Tether is in trouble?—by Protos Staff
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Michael Saylor’s new calculator predicts no bitcoin crashes, ever—by Protos Staff
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MicroStrategy insiders keep dumping MSTR stock—by Protos Staff
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61% of USDD collateral now in one vault — funded entirely by HTX—by Protos Staff
