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Business & Economics

World Liberty Financial, founded by Donald Trump’s sons, launches a stablecoin for foreign investors

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Stablecoins are typically meant for crypto bros to park their cash in.

World Liberty Financial will launch a stablecoin called USD1 that will maintain a fixed value of $ 1 .

The announcement comes less than one week after President Trump threw his support behind a new legal framework that would seek to normalize stablecoins.