Trump's WLFI chose BNB chain as the main avenue for issuing its USD1 tokens, which now holds 90% of its supply.

According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.

WLFI launched the USD1 token on Ethereum and Binance, although it's not yet tradable.

World Liberty Financial Inc. (“WLFI”), a somewhat defi platform connected to the Trump family, is launching USD1 on ethereum and the Binance Smart Chain.

The launch of USD1 stablecoin could significantly enhance DeFi's appeal to traditional financial institutions, bridging crypto and conventional finance. The post Trump-backed World Liberty Financial confirms plans to debut USD1 stablecoin on Ethereum, BNB Chain appeared first on Crypto Briefing.

According to blockchain tracker Lookonchain, Wintermute's public wallet has been spotted conducting initial test transfers. This means that things are starting to move.

President Trump-backed World Liberty Financial has deployed a USD-pegged stablecoin on Ethereum and BNB Chain networks while his administration advances stablecoin regulation.

World Liberty Financial, a crypto project supported by the President of the United States Donald Trump, has launched the stablecoin USD1 on BNB Chain and Ethereum. Currently, USD1 has a total supply of over 3.5 million dollars. However, as officially stated by the company, the token is not currently tradable.

The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million.According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (USD1) token in early March. Former Binance CEO Changpeng “CZ” Zhao noted the project's smart contract was deployed on the BNB Chain and Ethereum, while World Liberty said the stablecoin was “not currently tradeable.

USD1, a self-proclaimed “World Liberty Financial USD” stablecoin, launched on BSC today. While there has been no official announcement from the Trump Family-linked project itself, leading market maker Wintermute interacted with this stablecoin.

Donald Trump's World Liberty Financial (WLFI) has again made a big move in the crypto space. This time, the DeFi project looks to have deployed a stablecoin on the BNB Chain.