World Liberty Financial Challenges Blumenthal’s Probe of Stablecoin

World Liberty Financial (WLF) is refuting allegations made by Senator Blumenthal regarding its involvement in the USD1 stablecoin project. The company claims that the senator’s inquiries are based on flawed assumptions and lack merit, further expressing concerns about the fairness of the investigation itself. Blumenthal alleges potential violations related to Trump’s financial ties with WLF as a key factor behind his request for greater transparency regarding their financial structures.