USD1
Coverage of USD1 in the Nexus archive.
- Trump-backed World Liberty Financial nears OCC approval for federal trust charter: report
World Liberty Financial, backed by Trump, is nearing approval from the OCC for a federal trust charter. This approval would allow the company to issue and redeem its USD1 stablecoin under a single federal regulator.
- Justin Sun’s HTX delists Trump family’s USD1 amid freeze fight
HTX delisted the Trump family's USD1 token after World Liberty froze its addresses, leading HTX to suspend the platform's token.
- Trump Family’s Stablecoin Wealth Fueled by Binance Relationship
World Liberty Financial Inc., co-founded by US President Donald Trump and his sons, is projected to earn nearly $150 million this year from its dollar-pegged token USD1, launched in March 2025. The token's performance is linked to the company's relationship with Binance.
- We Are Stewing in It
Two UAE officials linked to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser, funneled $500 million into a cryptocurrency company tied to Donald Trump's family ahead of his 2025 presidency. The Trump family received $218 million from the deal, while their controlled entity, DT Marks DEFI LLC, owns 60% of World Liberty Financial, which issued the USD1 stablecoin. A subsequent $2 billion investment by Abu Dhabi's MGX in Binance via USD1 further amplified the Trump family's financial gains.