WLFI confirms launch of USD1 stablecoin backed by U.S. treasuries

Confirming online speculation, World Liberty Financial Inc. has announced the launch of USD1, a stablecoin redeemable 1:1 for the U.S. dollar and fully backed by short-term U.S. Treasuries, cash deposits, and other equivalents. USD1 will initially launch on Ethereum (ETH)…

WLFI confirms launch of USD1 stablecoin backed by U.S. treasuries
Confirming online speculation, World Liberty Financial Inc. has announced the launch of USD1, a stablecoin redeemable 1:1 for the U.S. dollar and fully backed by short-term U.S. Treasuries, cash deposits, and other equivalents. USD1 will initially launch on Ethereum (ETH)…