World Liberty Financial Defends Against Senate Probe Over USD1 Stablecoin

World Liberty Financial (WLF) has staunchly opposed a Senate probe into its USD1 stablecoin, claiming the investigation is rooted in political motives rather than genuine concerns about ethics and conflicts of interest. The company’s legal team argues the inquiry lacks merit and suggests that Senator Richard Blumenthal’s investigations are driven by pre-existing political agendas. This scrutiny is further heightened due to President Trump’s known connection to WLF’s USD1 stablecoin.