World Liberty Financial (WLFI) has unveiled USD1, a new stablecoin pegged 1:1 to the U.S. dollar, aligning with Trump’s push for stablecoin-driven dollar dominance.

🔹 Key Highlights:✅ Backed by U.S. Treasuries & cash equivalents (claims pending audit)✅ Available on Ethereum & Binance Smart Chain✅ Market maker Wintermute was already trading USD1 before the official launch✅ Former Binance CEO CZ reacted cryptically—Binance's role remains unclear

🚨 Concerns:❌ WLFI has $111M in unrealized losses, raising reserve transparency questions❌ No audit yet—Tether déjà vu?

Could USD1 shake up the stablecoin market, or will its backing concerns hold it back? 🤔💰