Mars Finance News: According to Reuters citing Arkham data, a single wallet holds $2 billion worth of USD1, and it is still unable to confirm the identity of the wallet holder. Previously, US Democratic Senator Elizabeth Warren claimed that Trump's promotion of stablecoin development has a potential conflict of interest. It is reported that USD1 is a stablecoin launched by Trump's family crypto project WLFI, backed by US Treasury bonds, US dollars, and other cash equivalents. The current issued value has reached approximately $2.1 billion, but the identity of its main holder remains unclear. Earlier, Eric Trump announced that USD1 has been officially selected as the official stablecoin for MGX, an Abu Dhabi investment institution, to complete its $2 billion investment in Binance.
Reuters: A single wallet holds USD1 worth $2 billion, but the identity of the holder cannot be confirmed
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