Bitcoin24h $111,296.06+0.51%

Ethereum24h $4,298.79+0.50%

XRP24h $2.88+2.41%

BNB24h $873.64+1.45%

Solana24h $203.79+0.91%

Dogecoin24h $0.2233+3.88%

TRON24h $0.3279-0.11%

Cardano24h $0.8336+0.81%

Hyperliquid24h $47.34+1.30%

Chainlink24h $22.38+1.12%

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.

World Liberty promised AAVE lending six months ago — so where is it?

Donald Trump-affiliated World Liberty Financial has yet to launch its AAVE instance six months after the governance vote approving it.

Donald Trump and his family have rapidly grown their collective cryptocurrency businesses, using access to the president as an incitement.

World Liberty Financial, the Trump-affiliated “DeFi” firm, claims no relationship with Fight, FIght, Fight, LLC, a firm behind $TRUMP.

Trump-endorsed World Liberty Financial boasts a portfolio that includes a number of cryptocurrencies that have lost value.