World Liberty Financial, backed by U.S. President Donald Trump, officially launched its dollar-pegged stablecoin, USD1, on March 31, 2025, following a massive $500 million raise through token sales. Operating on Ethereum and Binance Smart Chain, the project aims to expand DeFi access, though critics highlight governance terms favoring Trump’s inner circle. The announcement, made hours ago, has sparked heated debate online, with supporters calling it a game-changer and skeptics questioning its centralization.
