Crypto collection with Donald Trump’s support to launch Stablecoin

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World Liberty Financial, Donald Trump’s cryptocurrency group, will launch its Stablecoin to take advantage of the market that the US President has set up a promotion policy.

The distinctive symbol, called USD1, is the highest product of the Crypto project, which was established in the period before the presidential elections in November.

The new currency highlights how Trump and its partners seek to benefit from recovery Digital Asset MarketAt a time when the president also calls for more Encryption Friendly policies. Some critics argued that this approach raises concerns about conflicting interests.

The Trump encoding project has been separated for at least $ 350 million from the launch of the so -called “Memecoin” called $ TROMP, which has no fundamental value, according to the Financial Times earlier this month.

WLF invasion in Stablecoins It comes in the legislation of policy discussion in Washington that would organize and encourage financial products in the United States. Trump also signed an executive order in January, pledging to promote a dollar -backed “legal and legitimate” StablecoinsTo protect the sovereignty of the American currency, which represents a great exit from the management of Joe Biden, which took a more skeptical view.

Symbols are a form of special banknotes that are designed to bear a fixed value of the dollar per currency. It is a reserve for criticism outside the regulatory banking system and are widely used in encrypted currency markets. More than $ 250 billion in blood circulation. Two groups of encrypted currency, Cord and circle It dominates the stablecoin market.

However, their rise pushing fears between the organizers in the United States and abroad about the potential risks of financial stability and new ways to defraud the consumer. Washington’s political makers discuss laws that can set qualifications for exporters such as maintaining adequate reserves and appropriate general disclosure.

World Liberty, who is telling Trump as “chief encryption lawyer” and US Special Envoy to the Middle East Steve Whitov as a co -founder, said USD1 of the US dollar associated with a short -term American treasury and other monetary equations. He also said that he would require a “conservative” approach to Stablecoins that he says “provides the clarity and safety required for the broader institutional adoption.”

“Usd1 provides what the algorithm and unknown encryption projects-the reliability and the protection of the most identified names in traditional financing, said:” Usd1 provides what the algorithm and unknown encryption projects-access to the power of (decentralized financing) supported by credibility and protection of the most identified names in traditional financing, said, “The USD1 provides an unknown and unknown tricks-access to the power of the credibility supported and protect the most identified names in traditional financing.”

Since its launch, WLF has raised more than a billion dollars from selling 26 billion codes, which grants those who have only limited voting rights, and no economic rights, and cannot be circulated.

Investors include $ 75 million of purchases by Justin Sun, an encrypted businessman who bought and eats 6 million dollars in artwork in November.

Long -term lawsuit was stopped between the organ organizations and US Securities on the allegations of fraud and other violations of the Securities Law in February, while the two sides committed to discuss the decision. He denied these allegations.

The Liberty Global Project has deepened to deepen the Trump family’s relations with the cryptocurrency market. Trump Media, which runs the social truth platform and is owned by the majority with a negative confidence, said late on Monday that it will participate with Crypto.com to launch the boxes circulating on the encryption stock exchange that will use the brand “Fruit.fi”.

The stocks in Trump rose 5.8 percent on Tuesday.