World Liberty Fi Co-Founder Claims USD1 Stablecoin Achieves 100% Reserve Support and Full Verifiability

Zach Witkoff, co-founder and CEO of the Trump-affiliated crypto project World Liberty Fi, announced on the X platform that USD1 is designed to set a new industry standard for stablecoins. He emphasized the stablecoin's commitment to full reserve backing and high transparency within a compliant framework.

Witkoff stated that the team is "proud to be the most transparent stablecoin on the market," asserting that USD1 is 100% asset-backed and 100% verifiable, with users able to confirm its 1:1 asset support at any time.

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