Editor's PiCK

Coinbase Pushes Ahead With Listing of 'Trump Family Stablecoin'

Source
JOON HYOUNG LEE

Summary

  • Coinbase announced it is officially pushing for the listing of World Liberty Financial's stablecoin (USD1).
  • World Liberty Financial was reported as a cryptocurrency project associated with the Trump family.
  • Binance has already listed USD1, and the listings on two major exchanges are garnering the attention of investors.

U.S. cryptocurrency exchange Coinbase is seeking to list World Liberty Financial's (WLFI) stablecoin.

On the 21st (local time), Coinbase announced via its official X account that it has added World Liberty Financial USD1 (USD1) to its listing roadmap. Being added to the listing roadmap means that Coinbase is officially reviewing USD1 for listing eligibility.

World Liberty Financial is a cryptocurrency project linked to former U.S. President Donald Trump and his family. Earlier, in March, World Liberty Financial launched USD1, a stablecoin pegged to the dollar.

Meanwhile, the world's largest crypto exchange, Binance, listed USD1 in May, ahead of Coinbase. Bloomberg reported that Binance has supported the development of World Liberty Financial's USD1.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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