World Liberty Financial's USD1 Stablecoin Briefly De-Pegs Amidst Alleged Coordinated Attack

World Liberty Financial's USD1 stablecoin experienced a brief de-pegging event on Monday, falling to just over $0.99. The incident coincided with the disappearance of posts mentioning the project from co-founder Eric Trump's X account and a mass sell-off by USD1 holders.

The project's official X account attributed the disruption to a "coordinated attack," alleging that "attackers hacked several W

Sector: Finance | Confidence: 98%
Source: https://www.dlnews.com/articles/defi/usd1-stablecoin-breaks-peg-as-world-liberty-financial-suffers-coordinated-attack/

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