Connect with us

Hi, what are you looking for?

Crypto News

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

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

The post Trump’s World Liberty Financial Flags ‘Coordinated Attack’ as USD1 Stablecoin Briefly Depegs appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm...