Home Editor's Pick Trump’s World Liberty Financial Flags ‘Coordinated Attack’ as USD1 Stablecoin Briefly Depegs

Trump’s World Liberty Financial Flags ‘Coordinated Attack’ as USD1 Stablecoin Briefly Depegs

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USD1 Stablecoin slipped below its $1 peg on Monday in what World Liberty Financial described as a coordinated attack on the protocol. The Trump-backed firm also assured holders that the stablecoin is fully backed 1:1 with GENIUS-Act-compliant reserves.  USD1 Stablecoin Dip Comes Amid Coordinated Attack Claim TradingView data shows that the USD1 stablecoin briefly dropped

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