Trump-Backed Stablecoin WLFI Launches USD1 with Focus on Institutional Adoption

WLFI, a DeFi protocol inspired by former U.S. President Donald Trump, has launched its USD1 stablecoin, aiming to revolutionize the stablecoin market and provide a reliable alternative for financial institutions. This new stablecoin will be fully backed by real-world assets like U.S. government securities, dollar deposits, and cash equivalents, offering stability and transparency to users seeking a digital dollar that is more secure than others on the market.