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#stablecoin

8 posts6 participants0 posts today

Trump's #stablecoin #USD1 has been issued on Justin Sun's Tron blockchain, AKA "the global organized crime blockchain where ~$70 billion worth of Tether lives”.

All of these factors put together amount to literally a license for Donald Trump to run his own Federal Reserve, printing unbacked dollar equivalents whenever he wants.

What could go wrong?
x.com/SilvermanJacob/status/19

THE HARROD REPORT >>> CRYPTO NEWSWIRE: Rain Expands #Crypto Recovery Card Platform to Solana, Tron & Stellar

x.com/GetTheDailyDirt/status/1

Rain, a crypto card platform facilitating #Stablecoin spending wherever Visa is accepted, has expanded its network support to include #Solana, Tron, and Stellar.

This update aims to simplify the process for companies building on these #Blockchains to introduce their own branded cards.

These cards, which can be linked to custodial or non-custodial wallets....

Continued thread

che #deregolamenta le #criptovalute e rimuove le barriere alle stablecoin emesse privatamente e #garantite dal #dollaro.

Invece di sviluppare una #valutadigitale della #bancacentralestatunitense (#CBDC) supportata pubblicamente e con una chiara supervisione normativa, #Trump sta sostenendo la crescita #incontrollata delle #stablecoin private.

Pertanto sta contribuendo a #normalizzare le stablecoin, aumentano il #rischio che le #valutedigitali garantite dal dollaro si #integrino ..2/n

I trasferimenti in #stablecoin sono in forte crescita. Hanno raggiunto i 27,6 trilioni di dollari nel 2024, superando #Visa e #Mastercard, in gran parte grazie ai pagamenti transfrontalieri e al #trading di #criptovalute.

L’attuale amministrazione statunitense ha accolto con favore queste #risorsedigitali e ha recentemente dato una spinta al mercato delle stablecoin. Alla fine di gennaio, #DonaldTrump ha firmato un ordine esecutivo 1/n
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dilettafileni.wordpress.com/20

Diletta Fileni Writer Editor · L’euro digitale è sempre più vicino alla realtàOggigiorno, utilizziamo meno contanti rispetto al passato e ci affidiamo sempre di più a piattaforme tecnologiche private, come Apple Pay e Revolut, per gestire le nostre finanze e fare acquisti. L…
Continued thread

#Binance, which lists #Trump’s #USD1, does not operate in the #US. Binance’s US subsidiary, Binance.us, does NOT list Trump’s #stablecoin.

$2.15B—USD1’s market cap as of Thurs, makes it the 49th most-popular #stablecoin, according to Binance.

Binance is the 2nd troubled #crypto #exchange to list USD1 this month. Trump’s stablecoin also began trading on #KuCoin, a Seychelles-based exchange that pleaded #guilty in Jan to operating an unlicensed money-transmitting business.

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#Trump & his family control about 60% of #WorldLibertyFinancial through an LLC, & he is listed as both the decentralized finance platform’s chief #crypto advocate & inspiration

On May 22, World Liberty Financial announced that its #USD1 #stablecoin, a #cryptocurrency whose value is pegged to the #USdollar, started trading on Binance, the world’s largest crypto #exchange.

Binance admitted in a Nov 2023 plea deal to anti #MoneyLaundering & #sanctions violations, agreeing to pay $4B