Confirming online speculation, World Liberty Financial Inc. has announced the launch of USD1, a #stablecoin redeemable 1:1 for the U.S. dollar and fully backed by short-term U.S. #Treasuries, cash #deposits, and other equivalents. $USD1 will initially launch on #Ethereum and #BNB Smart Chain, with plans to expand to additional #blockchains, according to a note shared with #CryptoNews.

Confirming online speculation, World Liberty Financial Inc. has announced the launch of USD1, a #stablecoin redeemable 1:1 for the U.S. dollar and fully backed by short-term U.S. #Treasuries, cash #deposits, and other equivalents. $USD1 will initially launch on #Ethereum and #BNB Smart Chain, with plans to expand to additional #blockchains, according to a note shared with #CryptoNews.

https://crypto.news/wlfi-confirms-launch-of-usd1-stablecoin-backed-by-u-s-treasuries/