Donald Trump’s family and business partners have entered the encryption project with the world’s Liberty Finance to unveil Stablecoin in BNB Chain and Ether Lee.
The WLFI (World Liberty Financial) team has sought appropriate time to issue a token even before Donald Trump was elected 47th president. According to the recent warm chain data, the Distributed Finance (Defi) project plans to launch Stablecoin.
Strategic timing for the launch of Stablecoin
The WLFI team unveils the Stablecoin token USD1 according to the several months of plan that started in October last year. Trump family and business partners have not yet completed some problems with the safety and legitimacy of the product.
The world’s Liberty team’s USD1 release is consistent with Trump, which is consistent with Trump, who supports the dollar support stable coin to legalize the Staybletoin along with the support of the parliament. The launch of Ethereum and BNB chains is timely for the WLFI team to enter the increasingly crowded and profitable niche in which Tether (USDT) and USD coins (USDC) dominate.
Stablecoins is fixed at the USD1, with the USD1 as a unit price of the default Fiat. Tokens will come and-off lamp from traditional finance and encryption markets. As a result, users can park the chain funds that come with fixed value despite the market fluctuations. Stablecoins has been extended to local currencies, but the main tokens play the same dollar in the market with such facial restrictions.
Stablecoins provided tremendous benefits to the publisher last year. Tether (USDT), the world’s largest issuer, has realized $ 13 billion mainly by reinvesting user deposits in the US Treasury, which gives a return. Profitable nature makes this field attractive to competitors in the world of Crypto and the world.
Convert US regulations for Stablecoin
The United States is moving towards the regulatory clarity of Stablecoins, which is still legitimate questions. Former President Joe Biden claimed Securities and Exchange Commission (SEC), including Gary Gensler’s leadership Sue Stablecoins (Binance and Paxos), as a violation of securities law. At a serious start, the Trump administration approves the stability that can solve the legal uncertainty for those passing through Congress.
The USD1 token of World Liberty is compatible with Ethereum, so it is open to various projects of the blockchain network with the BNB developed by Crypto Exchange Binance. Former Binance’s CHANGPENG Zhao (CZ) welcomed the news of USD1 on BNB as a welcome message to world freedom.
World Liberty expands its encryption project
Trump’s encryption projects have reduced their operations in this space, mainly in the second round of governance tokens, WLFI and $ 550 million. The team soon implied the disclosure of destruction technology that can redefine and expand the boundaries of digital assets.
According to a recent release of WLFI, more than 85,000 participants have completed the Couroulomer verification for access to token sales. The co -founder of this project, ZACH WiFkoff, showed that WLFI is in the process of overrelined by distributed finance.
The project team announced in January that the founder of TRON Blockchain, the founder, has increased steaks to $ 75 million with WLFI tokens. The Trump family unveiled its official Trump and Melania meme coins, but the team is eager to expand WLFI in an encryption -friendly agenda.
Meanwhile, the Defi project purchased a significant amount of MNT tokens a week after a significant technology upgrade in the network. WLFI acquired 3.5 million Mnt with an average of 84 cents, pushing the transaction to nearly $ 3 million per Arkham Intelligence and Lookonchain data.
Mantle Mainnet completed an upgrade that was not related to the previous on March 19 and activated Eigenda. Eigenda activation guarantees the data solubility service distributed in the Etherrium network while ensuring security and high throughput. The network can handle additional transactions per block, providing a better compatibility in the Petra upgrade and Ether Leeum.