World Liberty Financial USD price

🔵 Sun Yuchen talks with Trump's son: Cryptocurrency will replace traditional banks, bringing financial freedom to the world DeThings May 1st report, at the TOKEN2049 Dubai conference, Huobi HTX global advisor and TRON founder Sun Yuchen had a fireside chat with Eric Trump, Trump's son, and Zach Witkoff, co-founder of the Trump family project WLFI (World Liberty Financial). Sun Yuchen stated that the high transparency of cryptocurrency is crucial, as blockchain can record all transactions, which will replace the opaque operations of traditional banks. He also announced that TRON will cooperate with WLFI's decentralized stablecoin project USD1, aiming to extend financial freedom globally. Eric Trump pointed out that traditional finance has many issues such as privilege and inefficiency, and cryptocurrency is a tool for achieving financial freedom, helping users break free from dependence on government or inflationary currency. He emphasized that cryptocurrency will replace traditional banks. Currently, the Trump administration's supportive attitude towards cryptocurrency has sent positive signals, leading the crypto revolution.

USD1 is joining TRON: WLFI stablecoin joins the TRON ecosystem Just now at Token 2049 in Dubai, WLFI's stablecoin USD1 announced its deployment to the TRON network. This project, supported by the Trump family, has already surpassed a market value of $2.1 billion, firmly ranking as the seventh-largest stablecoin globally. This move to TRON is not just an on-chain migration but more like a powerful alliance. Who is USD1? How strong is its backing? USD1 is a dollar stablecoin launched by WLFI, fully backed by US cash and short-term treasury bills, and promises to maintain a 1:1 peg to the US dollar. The key point is that the Trump family stands behind WLFI, holding most of the shares and controlling the project's revenue rights. In other words, this is one of the few stablecoin projects deeply tied to US political capital. Will TRON's stablecoin landscape be rewritten? Currently, the circulation of USDT on the TRON network exceeds $70 billion, accounting for half of the global supply. This time, USD1's entry seems like competition, but it's actually filling a gap. For DeFi users, more diverse and low-fee stablecoin options are a real benefit. TRON has a speed advantage, and now welcomes a new dollar contender, further strengthening its stablecoin lineup. TRON's ambition: to become the global payment infrastructure TRON's stablecoin trading volume has long dominated the charts, already being one of the default channels for cross-border payments. If USD1 can smoothly integrate into the TRON ecosystem, combined with WLFI's connections in finance and politics, TRON's future position in the compliant payment field will only become more significant! @justinsuntron @trondaoCN #TRONEcoStar