Summary
- Alchemy Pay (ACH) announced that it now supports World Liberty Financial (WLFI)’s stablecoin USD1.
- WLFI is a cryptocurrency project by the family of former U.S. President Donald Trump, and it launched USD1 this March.
- Alchemy Pay emphasized that USD1 is a fully collateralized stablecoin and explained it was developed, inspired by the DeFi movement led by the Trump family.
Singapore-based blockchain payment company Alchemy Pay (ACH) is now supporting World Liberty Financial's (WLFI) stablecoin.
On the 30th, Alchemy Pay announced through its official X account that “Alchemy Pay’s ramp service now supports WLFI’s stablecoin USD1.” WLFI is the cryptocurrency project of the Donald Trump family, and it launched the stablecoin USD1 this past March.
Alchemy Pay explained, “(USD1 is) a new fully collateralized stablecoin,” and stated that it was “developed inspired by the DeFi movement led by the Trump family.”
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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