President Trump Plans to Launch a New Stablecoin. Here's What Investors Need to Know.

From nasdaq.com

At the end of March, World Liberty Financial, the crypto company affiliated with President Donald Trump and his family, announced plans to launch a new stablecoin known as USD1. While details are still forthcoming, USD1 will likely be similar in concept to popular stablecoins such as Tether (CRYPTO: USDT) and USDC (CRYPTO: USDC), which have a combined market cap of about $200 billion. The launch of a new stablecoin by a Trump-affiliated financial entity marks yet another key step in the development of the Trump White House's crypto strategy. There's a lot to unpack here, so let's take a closer look at how this new ... (full story)