Trump Cripto Venture presents Stablecoin

World freedom Financial, Criptocurrenci began Donald J. Trump and his sons, announced Tuesday to plan to sell a digital currency called Stablecoin, deepening the financial bonds of the President for CRIPTO, because its administration relaxes the application of the industry.

StableCoin would be known as USD1, Company wrote In a social media site, without discovering when it will pass for sale. Stablecoins, a popular form of cryptocurrency, is designed to maintain a constant value of $ 1, making them useful for many types of crypto transactions.

“No games. No tricks. Only real stability,” Financial World Freedom published on your X account.

Stablecoin is the fourth digital currency that Mr. Trump and his business partners have placed in public during last year. World Freedom already offers a cryptocurrency called VLFI. This month, world freedom announced He sold $ 550 million of these digital coins. The business entity connected to the Lord’s drove gets 75 percent sales cuts.

Days before its inauguration, Mr. Trump also started selling so-called Memecoin – type of digital currency based on an online joke or famous mascot. Melania Trump put his own Memecoin on the market the same weekend.

Mr. Trump has aggressively foresee the crypto market as his administration Makes the execution of crypt’s firms easier and rolls the regulations. His efforts to benefit from the industry that oversees the huge conflict of interest, with practically not before movement in American history, experts in government ethics said.

World Freedom Stablecoin adds that sloppy node of business conflicts. Congress considers legislation for regulating stablecoin who could reach Mr. Trump’s table before the end of the year. In speech at the crypto conference this month, Mr. Trump called For “simple, establishment rules” for stablecoins, saying it will “expand the dominance of the US dollar”.

Usually stablecoins supports the means that the issuer of the coin is kept in reserve. Each time users want to redeem Stablecoin, they can go to the issuer and exchange a digital coin for cash equivalent.

On Tuesday, the announcement, world freedom said to support Stablecoin using short-term American cash registers, dollar deposits and other cash equivalents

“We offer a digital stablcoin that sugar investors and major institutions can be reliably integrated into their strategies for seamless, safe cross-border transactions,” said Zach VIKOFF, and the son of Steve VIKOFF, Mr. Trump passpass.

Once the cryptic is a skeptic, Mr. Trump embraced digital currencies at the trail of the campaign last year, promising that the United States would turn into the “Cripto capital planet.” The industry has spent tens of millions of dollars to return Mr. Trump and funding congress candidates who were favorably talked about Kriptou.

Mr. Trump started world freedom in September, as well as Steve and Zack Vitaloff. They have entrusted daily business operations Two little famous entrepreneursChase Herro and Zak Folkman, which practically do not have the industry record.

World freedom initially promised to create a crypto platform that will allow users to borrow and borrow in digital currencies. But so far, the company did not launch any products except VLFI and Steblecoin.

The company went on something to buy, assemble the supplies of cryptocurries, which include ether, as well as less well-known coins such as SUI and connection.

On a recent panel, Mr. Herro said That world freedom creates “strategic reserves” tokens. Did not explain the ultimate goal of stock.

The idea had clear echoes of one of Mr. Trump initiatives in the White House – the creation of American stock of Bitcoin, which he is announced in the executive account this month.