Donald Trump’s crypto business launched a dollar coin called USD1: What we know so far

Quick Summary:

His family’s crypto project, World Liberty Financial, implicitly confirmed the launch on Monday.

Tether and Circle back their stablecoins, pegged to the U.S.dollar, with treasuries, or tranches of U.S.debt.

Tether, the company behind USDT, reported that it had netted $13 billion in 2024 in an unaudited financial statement.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ben Weiss

Category: EconomyBusiness

Markets: United States

Topics: Stablecoins Cryptocurrency Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 20:38:02 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 5 lines

Sentence Length: 106 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27296184

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 38 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions