The President
The President's Wealth USD1 Stablecoin
Cryptocurrency & DeFi

USD1 Stablecoin

● On-chain (Ethereum / BNB Chain)

A dollar-pegged stablecoin issued by World Liberty Financial, launched in March 2025. The Trump family is entitled to a share of interest earned on the reserve assets backing the coin. A $2 billion transaction involving the coin and Abu Dhabi sovereign wealth fund MGX drew significant scrutiny from US lawmakers.

Associated Events

March 15, 2025
USD1 Stablecoin Launches
World Liberty Financial launches its own dollar-pegged stablecoin on Ethereum and BNB Chain, creating a new revenue stream tied to reserve asset interest that flows partly to Trump family entities.
Source: Decrypt/Bloomberg