The Donald Trump family and business partners dive into crypto projects that are taking shape, with World Liberty Finance set to unveil stablecoin on BNB Chain and Ethereum. 

The team behind the World Liberty Financial (WLFI) project have sought the opportune time to issue tokens even before Donald Trump’s election as the 47th president of the United States. According to recent on-chain data, the decentralized finance (DeFi) project harbours plans to launch its stablecoin. 

Strategic Timing for Stablecoin Launch

The WLFI team is unveiling the stablecoin token USD1 following multi-month planning that began in October last year. The Trump family and business partners then were yet to finalize several issues related to the product’s safety and legality. 

The timing of the USD1 unveiling by the World Liberty team coincides with Trump endorsing dollar-backed stablecoins alongside Congressional support to legalize the stablecoins. The launch on Ethereum and BNB Chain is timely

Keep reading this article on E-cryptonews.com.

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