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Trump-backed crypto project announces stablecoin

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Official 2025 inaugural portrait of Donald Trump.

Photo credit: Daniel Torok via Wikimedia. Public Domain. Article by Matty Merritt. Morning Brew – March 26, 2025.

In a market that already feels stuffed to the brim with virtual tokens, World Liberty Financial, a crypto project backed by President Donald Trump and his family, has announced the release of a new stablecoin tied to the US dollar called USD1. What is a stablecoin? It’s a type of cryptocurrency that is supposed to be less volatile than other rapidly fluctuating digital […]

The post Trump-backed crypto project announces stablecoin appeared first on Morning Brew.

Related articles:

Trump’s USD1 stablecoin deepens concerns over conflicts of interest – Cointelegraph

Stablecoin USD1: Trump, Judge, Party, And Beneficiary? – Cointribune

Trump’s Kids Launching Stablecoin After Trump Backs Regulations for Them – Gizmodo

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