Pakistan signed MOU with Trump-backed World Liberty Financial to explore using the USD1 stablecoin for cross-border payments.
The launch deepens scrutiny around World Liberty as it seeks a U.S. bank charter, with critics pointing to Trump family financial conflicts.
On Jan. 7, Donald Trump’s World Liberty Financial (WLFI) formally applied for a national banking charter to establish the “World Liberty Trust Company.” This is a proposed national trust bank specifically designed to handle USD1 stablecoin issuance, custody, redemption, and reserve management. USD1 is WLFI's flagship product, with more than $3.3 billion in supply across […]
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On Dec. 15, Elizabeth Warren put two names at the top of a letter that signals where she thinks US crypto policy is actually written: Treasury Secretary Scott Bessent and Attorney General Pamela Bondi. The ask is simple on paper but awkward in practice. Are their departments investigating what she calls “national security risks” tied […]
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World Liberty Financial has put forward a proposal to tap a portion of its token treasury to grow USD1, the dollar-pegged stablecoin linked with the project. The plan would free up about $120 million to back listings, liquidity programs and partner incentives. Related Reading: UK Crypto Ownership Takes Biggest Hit Since 2021, Regulator Says Treasury Move Could Add Firepower To USD1 Based on reports, WLFI’s proposal would unlock roughly 5% of its unlocked treasury — a fund slice drawn from a multi-billion dollar reserve — for strategic use to expand USD1’s reach. The move has split the community, with some holders supporting rapid expansion and others warning about tokenomics and governance risks. According to the stablecoin’s custodial partners, USD1 is backed by short-term US government treasuries, US dollar deposits and other cash equivalents and is redeemable at one-for-one for US dollars. Independent pages from the custodian outline monthly attestation reporting and a conservative reserve mix. Reports have disclosed that USD1 has grown quickly since launch and sits among the larger USD-pegged tokens, with circulating supply and market cap figures showing meaningful traction on trading platforms. Exchange listings and deeper integrations have raised visibility, and some market trackers put USD1’s market cap in the multi-billion dollar range. Political Links Add A Layer Of Scrutiny World Liberty Financial is widely described in news reporting as a project backed by the Trump family, and that political link has drawn extra attention from regulators, lawmakers and media. Coverage has noted how the family’s involvement makes governance decisions more visible and politically sensitive. The proposal is now subject to a WLFI governance vote. Supporters argue the $120 million allocation could accelerate integrations with both centralized exchanges and decentralized finance venues, improving liquidity and on-ramp options for users. Opponents point to the size of the spend and question whether deploying a large treasury sum for adoption incentives could push short-term token price moves that do not reflect long-term utility. Related Reading: Russia Rejects Crypto As Legal Tender, Finance Official Confirms What To Watch Next Observers will track the governance tally, any formal rollout plans for the funds, and reserve attestations tied to USD1. Market metrics such as circulating supply and exchange flows will also offer clues about how the push affects liquidity and peg stability. Recent exchange pages already show USD1 circulating supply figures and listing details that analysts use to measure adoption. In short, the proposal could widen USD1’s footprint quickly if approved. But it raises clear governance and market questions that WLFI holders and outside watchers now want answered before any large sums are moved. Featured image from Unsplash, chart from TradingView
Binance, the world’s largest crypto exchange, has broadened support for USD1, the stablecoin tied to World Liberty Financial and US President Donald Trump’s crypto ventures, reports disclosed. The exchange added new spot pairs including ETH/USD1, SOL/USD1 and BNB/USD1, and enabled fee-free swaps between USD1 and other major stablecoins. Related Reading: Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher Binance Will Shift Collateral Into USD1 The exchange will convert all collateral backing its Binance-Peg BUSD (B-Token) into USD1 at a 1:1 ratio, a process the company said should be completed within one week. This change means USD1 is being folded into its internal collateral and liquidity systems rather than remaining only a tradable token. Market Reaction And Liquidity Effects Traders reacted quickly. Price moves in BNB and other tokens showed more buying interest after the announcement. Market data snapshots suggested a short-term uptick in BNB as liquidity and trading routes were expanded by the new USD1 pairs. Reports put the token’s wider market use and the platform’s zero-fee swaps as the likely drivers. Binance to Add BNB/USD1, ETH/USD1 Trading Pairs; B-Token Collateral to Be Converted to USD1 According to an official announcement, @binance will list new spot trading pairs BNB/USD1, ETH/USD1, and SOL/USD1 at 16:00 (UTC+8) on December 11, 2025. At the same time, Binance will… pic.twitter.com/mIPrkiR3Lj — ME (@MetaEraHK) December 10, 2025 Backing, Size, And Recent Deals According to public filings and market trackers, USD1 is backed by US Treasury bills, cash and equivalents and is redeemable at a one-for-one rate with the dollar. The stablecoin has grown quickly and is now listed among the larger stablecoins by market cap, with figures around $2.7 billion cited in recent summaries. Reports have also linked USD1 to a major Abu Dhabi investment that used the token for a $2 billion deal. Political Context And Scrutiny These commercial moves come after a politically charged episode: Trump granted a pardon earlier this year to Binance’s former CEO, an action that critics say raises questions about ties between Binance and the Trump family’s crypto interests. That sequence of events has drawn scrutiny from lawmakers and commentators, who are asking for more transparency around the deals and any possible conflicts of interest. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud Company spokespeople have issued short statements denying that any political favors were sought or exchanged to secure deals. Binance said its public notices focused on product rollouts, trading schedules and incentives like zero fees for certain users, while World Liberty Financial emphasized the reserve backing behind USD1. Featured image from Unsplash, chart from TradingView
Binance.US responded to criticism from Sen. Chris Murphy, who alleged its USD1 listing was payback following Trump's pardon of CZ.
The distribution rewards users who earned points by trading USD1 pairs on partner exchanges and maintaining USD1 balances.
World Liberty Financial (WLFI) has confirmed that its USD1 stablecoin will soon launch on the Aptos blockchain, marking the asset’s first integration with a Move-based network. The announcement, released on Oct. 1, followed an agreement between Aptos and WLFI co-founders Donald Trump Jr. and Zach Witkoff. Following the news, Aptos native APT token jumped 8% […]
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World Liberty Financial is launching its debit card as early as Q4 2025, CEO Zack Witkoff said during the Token2049 conference on Wednesday.
Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it was grounded in economics. Specifically, he said the integration fee quoted by Oracle specialist Chainlink was absurd, which made Cardano’s participation really unfeasible. Chainlink’s Absurd Fee As one of the biggest blockchain ecosystems, Cardano’s inability to participate in the US government’s recent blockchain initiative to bring macroeconomic data onto the blockchain took many crypto participants by surprise. However, while speaking at a recent surprise AMA on his YouTube channel, Cardano founder Charles Hoskinson says the reason boils down to money. Related Reading: Is XRP Coming To Cardano? Founder Sparks Speculation After Midnight Airdrop According to Hoskinson, the main reason was due to its pending partnership with Chainlink’s oracle integration, which is yet to be finalised because of the absurd fee charged by Chainlink. Hoskinson did not shy away from strong language: “They gave us an absurd number for integration. I said ‘f– it, we’ll handle it. We’ll figure it out,'” he said. Despite the frustration, he tempered his critique with respect. He described Chainlink co-founder Sergey Nazarov as “extremely smart” and “a very good businessman”, someone who “sees the future” and, in Hoskinson’s words, is “sitting on a golden egg”. Chainlink’s oracle solutions are very important for connecting smart contracts to real-world data. As such, Hoskinson’s metaphor acknowledges Chainlink’s powerful position in the blockchain ecosystem. How It Stalls Cardano’s DeFi Growth Without a cost-effective oracle integration, Cardano’s decentralized finance landscape has struggled to keep pace with other blockchain ecosystems. To put this into perspective, Ethereum’s integration with Chainlink has allowed large inflows into its DeFi ecosystem, with about $13.4 billion in Total Value Locked (TVL) added from between August 2 ($78.222 billion) and August 31 ($91.595 billion), according to data from DeFiLlama. Related Reading: Cardano Price To Rise 300% To $4? Analyst Reveals When Meanwhile, Cardano’s TVL broke below $400 million in August, and daily active addresses have also fallen massively. At the time of writing, Cardano’s TVL is sitting at $367.91 million. The result is a disconnect between Cardano’s on-chain activity and ADA’s price action, which witnessed a steady increase in August alongside the rest of the crypto market. Nonetheless, Hoskinson is still optimistic. Talks with Chainlink are ongoing, and he’s determined to find common ground with Chainlink. He also revealed discussions with the team behind the USD1 stablecoin and hinted at potential collaboration with Aave, which he described as part of a bundle. If USD1 (already launched on Ethereum, BNB, and Tron) comes to Cardano, it could become the ecosystem’s largest stablecoin. Combine that with oracle access and lending support from Chainlink, and Cardano could strengthen its DeFi foundations significantly. At the time of writing, Cardano is trading at $0.8307, up by 1.1% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
World Liberty Financial’s governance token, WLFI, will begin trading on some of the world’s largest crypto exchanges later today, marking its first appearance on open markets. Spot trading is scheduled to open on Sept. 1 across major platforms, including Binance, Upbit, Bithumb, Gate.io, KuCoin, OKX, Kraken, Bybit, Bitget, MEXC, BingX, and HTX. Until now, WLFI […]
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World Liberty Financial (WLFI), the crypto project affiliated with US President Donald Trump, has minted approximately 10% of its USD1 stablecoin supply, totaling $205 million, for its Treasury. In an April 20 statement on X, WLFI pointed out that the stablecoin is one of the fastest-growing in the market, noting that the asset is “backed […]
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Tron’s blockchain just added a USD1 stablecoin from World Liberty Financial Inc. That move put the spotlight back on TRX. And traders are paying attention to what comes next. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Significant Price Movement According to trading data, TRX climbed 6% on Tuesday. It broke above the $0.2875 level on the daily chart before hitting resistance at $0.2980. A clean break past that hurdle could send the token toward $0.3230, the 50% Fibonacci retracement level. Currently, TRX trades around $0.2920, sitting between support at $0.2808 and the 23.6% Fib mark of $0.2645. The first USD1 has officially been minted on TRON — a small step for USD1, a giant leap for stablecoins!https://t.co/KMLg8NcXw8 — H.E. Justin Sun ???? (@justinsuntron) June 11, 2025 High-Profile Stablecoin Launch Based on reports from World Liberty Financial Inc., the new USD1 stablecoin is now live on Tron. The issuer has ties to US President Donald Trump, and Justin Sun—Tron’s founder and the largest holder of the Trump Token meme coin—called the launch a “giant leap for stablecoins.” Sun also joined a White House dinner for top Trump Token holders. This link to big names has drawn fresh eyes to Tron’s ecosystem. On-Chain Growth Signals According to DeFiLlama, the total value locked on Tron reached over $5 billion. On June 6, the network saw 4.50 million returning user addresses. Those stats suggest people keep coming back to DeFi apps on Tron, but it’s worth watching whether those funds stay in place or chase higher yields on other chains. Bullish Bets in Derivatives Based on CoinGlass data, TRX derivatives open interest rose by 8.25% over the past 24 hours to $329 million. The weighted funding rate open interest rose to 0.0098%, indicative that bullish long positions are greater than shorts. Short liquidations in the past day were almost double that of longs, which settled a bearish bet wave. Technical analysis supports this positive perspective. The RSI on the daily chart is inching up to the overbought region, indicating heightened buying pressure. A recent MACD crossover drove histogram bars into positive territory, which means momentum has favored the buyers. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Meanwhile, traders will keep a close eye on Bitcoin’s moves too. A pullback there could drag altcoins lower, while a fresh rally could lift TRX even more. For now, the combination of a big-name stablecoin launch, rising TVL, swelling open interest and positive technical signals gives Tron fans reason to watch for a potential breakout. Featured image from Getty Images, chart from TradingView
World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 […]
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World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers. On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale. The airdrop, approved […]
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The project previously stated that it would conduct the airdrop to test the distribution system and thank its supporters.
Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can […]
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The Trump family’s World Liberty Financial (WLFI) has approved a community proposal to airdrop its USD1 stablecoin to eligible token holders, according to a May 15 statement. The governance vote, which ran from May 6 to May 13, received near-unanimous support, with 99.96% of participants backing the initiative. In total, around 7 billion tokens were […]
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The supply of Trump's WLFI stablecoin USD1 grew over to $2.1 billion in a few days as an Abu Dhabi firm confirmed an investment into Binance.
World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02% […]
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During the first eight hours of the snapshot voting process, the proposal received 2.6 billion votes (99.97%) in favor.
Two big holders of the TRUMP token sold 765,128 of them for $8.58 million on Saturday morning in a sharp move, netting a loss of $2.34 million. The hasty sale took place May 4, 2025, and caused the price to sharply drop. The price tag of TRUMP declined by over 10% in a matter of hours, sliding from $12 to $10.50 according to price records available on CoinGecko. Related Reading: Bitcoin At $100K? $3 Billion In Shorts Are On The Line The sell-off prompted a surge in trading volumes and raised alarm among traders who now risk more unexpected moves in the days ahead. Whales Exit With Losses Despite Past Gains The wallets who sold behind it had previously made profits on TRUMP, but this time they exited early incurring heavy losses. Wallet 3kjP9L sold 337,560 tokens for $3.80 million and ended up in a loss of $1.38 million. It is reported that this wallet had previously profited by $196,000 from the same token. 2 whales dumped 765,128 $TRUMP($8.58M) at a loss of $2.34M 5 hours ago! 3kjP9L made $196K on $TRUMP before, sold 337,560 $TRUMP($3.81M) 5 hours ago and lost $1.38M. 7X6Vun made $732K on $TRUMP before, sold 427,568 $TRUMP($4.77M) 5 hours ago and lost $961K! Not only did they… pic.twitter.com/J8Fq4N2ihB — Lookonchain (@lookonchain) May 4, 2025 A second wallet, 7X6Vun, offloaded 427,568 tokens simultaneously for $4.77 million, incurring a loss of $961k. That wallet previously pocketed a $732k gain during a different trading period. The two whales would have attempted to scale down exposure after observing feeble signals within the market but their timing proved to be expensive. TRUMP Price Struggles As Trading Volume Jumps When the whales sold their tokens, TRUMP trading volume skyrocketed by almost 80% to $15.3 million on platforms such as Binance and KuCoin. This type of volume surge typically indicates that there is panic or overreaction by both buyers and sellers. As of writing, TRUMP is priced at $11.18, down 27% in the last seven days. It’s anybody’s guess if it can recover or more investors will follow the whales and begin selling their assets. Token Earlier Spiked On Gala News The TRUMP token had been making waves after a recent special event announcement. United States President Donald Trump had, according to reports, offered gala invitations at his Washington Golf Club to the most prominent TRUMP token holders, generating buzz and pushing the price higher earlier during the week. Traders loaded up, eager to make a profit from the increasing buzz. But the latest sell-off raised questions over just how solid that momentum had been. If big investors are exiting on a hype high, that could mean the conviction isn’t as widespread as it appeared. Related Reading: Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling Trump Crypto Holdings Reportedly Worth $2.9B A fresh report from the organization State Democracy Defenders Action asserts that Trump’s assets related to cryptocurrency now comprise almost 40% of his total wealth, which they project at approximately $2.9 billion. Included among these are the TRUMP and MELANIA meme coins and an interest in a business entity named World Liberty Financial, valued at 60%. World Liberty was launched in October 2024 and can be defined as a crypto exchange with ties to the Trump family. The firm recently announced it will obtain a $2 billion investment from Abu Dhabi-backed firm MGX to purchase a stablecoin product called USD1. That fund will be reportedly utilized to invest in Binance. Featured image from Gemini Imagen, chart from TradingView
World Liberty Financial (WLFI), the DeFi project partly owned by US President Donald Trump‘s family, has begun offloading some Ethereum holdings amid the top asset’s recent price struggles. On April 9, blockchain analysis platform Lookonchain, citing data from Arkham Intelligence, reported that a wallet linked to the DeFi venture sold 5,471 ETH for approximately $8.01 […]
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World Liberty Financial (WLFI), the DeFi venture partly owned by US President Donald Trump, has launched a proposal to distribute its upcoming stablecoin, USD1, to existing WLFI token holders. The initiative is intended to test the airdrop infrastructure in a live environment and show appreciation to the project’s early backers. According to WLFI, the airdrop […]
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World Liberty Financial (WLFI), the decentralized finance project aligned with US President Donald Trump, has now unveiled details of its plan to release USD1, a US dollar-pegged stablecoin. According to a March 25 announcement, USD1 will launch first on Ethereum and Binance Smart Chain, with further blockchain integrations planned. The digital asset is designed to […]
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