KuCoin clarifies: It is not involved in the creation and promotion of USD1, and the launch does not represent support for any person or political entity

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PANews
05-22
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PANews reported on May 22 that according to the official announcement, the crypto exchange Kucoin clarified the matter related to the Forbes article linking USD1 stablecoin to former US President Trump. Kucoin stated that USD1 was issued by World Liberty Financial, and its listing decision was based on market demand, asset utility, and technical compliance assessment, including smart contract security, liquidity, and technical integration standards.

Kucoin emphasized that the platform remains neutral towards all listed assets and does not participate in the creation, promotion, or political associations of USD1. The listing does not represent support for any individual, organization, or political entity. The exchange reiterated its commitment to improving compliance transparency and continuously providing secure trading services for global users.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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