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The market value of a stable currency close to Trump reaches $ 2.4 billion after the issue of currencies of $ 205 million. Is it motivated by the declarations of those responsible for the federal reserve?

After Wald’s remarks, World Liberty Financial released USD1 currencies of $ 205 million. The market value of Trump’s stable currency rises to $ 2.4 billion before the 6th place in the world.

The stable currency project for the Trump Liberty Financial family achieved a new success after having issued $ 205 million in USD 1 (USD) in favor of its treasure yesterday, Thursday, which increased the value of its display to $ 2.4 billion.

This great increase – the first since April – comes just a few hours after the speech of the governor of the Federal Reserve Christopher Waller, in which he expressed his support for stable currencies, which aroused speculation to know if the signals of the Central Bank cause the growth of private digital currencies.

The high market value of stable currency

In an article on the X platform, the World Liberty Financial Project announced the publication of these currencies, noting that the USD1 is “the fastest currency of all time”, and stressed that they are fully supported by the US dollar (USD) and the bonds of the Treasury.

Since its launch in April, this currency has reached rapid growth to become the sixth stable currency in the world according to Coninecko data, preceded by the main stable currencies, such as Tether-USDT which contributes to the largest in the 60% sector and a market value of $ 167 billion, and the USD currency area.

The time for the program by the currency project caused great attention after Wald’s comments at the Balcachin Annual Forum last Wednesday. In one of the most favorable words of the stable currencies of a federal governor who is still in office, Walt said that there was “no concern” concerning digital payments and decentralized funding.

Wald stressed that stable currencies and transactions on the blockchain work with the same principle of payment of bank cards, as well as the recently of the type of year, highlighting its representation “an important step” to the great adoption.

Walm’s comments arise after major political transformations indicating the adoption of the federal reserve a less strict approach. In April, the central bank withdrew its directives for 2022, which urged banks not to engage in stable currency activities.

Last week, the central bank also canceled the digital currency operations monitoring program, while President Michelle Bowman presented the idea of ​​allowing employees of the Federal Reserve to have small quantities of digital currencies in order to better understand this technology.

Since Wald is now one of the most eminent candidates to succeed Jerome Powell at the end of his presidency of the Federal Reserve in 2026, his supporters supporting digital currencies can gain an increasing importance in drawing the characteristics of American monetary policy.

It is likely that the market value of stable currencies – which currently represents $ 280 billion – will reach a trillion of dollars. Goldman Sachs suggested this week that the adoption of stable currencies attracted the “dollars Billion” to digital funding, noting that the volume of transactions of $ 7 billion in the last quarter suggests major financial system transformations.

The US Treasury has also suggested that the market value of stable currencies reaches 2 dollars billions by 2028, noting that the existence of a clear organizational framework will strengthen the request for bonds of the Treasury. These developments can explain the growing interest in the USD1 project for the World Liberty Financial Project, unlike the majority of stable currencies directed towards decentralized financing (DEFI), this Trump currency claims to provide a tool for transactions and sovereign institutions.

Virtualbacon’s cryptocurrency analyst said that the market value of 1 USD (USD1) could reach $ 100 billion if it succeeds in contributing – even low – on the large market for the US Treasury bonds, indicating that this currency is “suitable for families’ offices in the Middle East and the wealth boxes of the sovereign”.

On the other hand, the high market value of the USD (USD1) is also in the midst of a great wave of growth in general, while one of the reports indicates that July experienced the growth of this market for the twenty months, respectively, with the total value of these currencies at 261 billion dollars.

World Liberty Project intends to launch a cash company in collaboration with the growing adoption of my World Liberty Financial-WLFI (USD1) (USD1)

The main project of the Trump family in the World Sector of Financial Mint Liberty is to raise $ 1.5 billion in order to launch a general treasure for the World Liberty Financial for the project, as well as other cash reserves.

Investor documents show that Eric Trump and Donald Trump Jr. are members of the board of directors. If this company is launched, it will help increase the participation of the Trump family in the digital asset sector.

The World Liberty Project – which was launched last fall – launched The World Liberty Financial and The Stable USD1 (USD1). The value of their sales would be $ 550 million. According to the Nansen platform, recent project data indicates that it has $ 548 million in its closet and that the USD1 is the largest digital asset of $ 212 million, or around 39% of the total property.

Au-dessus, le sac d’investissement du projet contient 85 millions de dollars en devise sur l’Aave Ethereum USDttTTTHUSDT AAREMtttttttttt, ainsi que 19 650 devises Ethereum-ETH de 85 millions de dollars. In addition, the project constantly buys Eth. On July 29, the World Liberty Project bought a million dollars of this currency, adding 256.75 currencies to its wardrobe at an average price of $ 3,895. A week earlier, the project bought $ 2 million, as well as an exchange of $ 13 million of $ 3,473 Ethereum currencies at the start of the same month. Since May, the project platform has bought 77,226 Ethereum currencies of around $ 296 million, with unreasonable profits of $ 41.7 million.

The project is also currently developing a card of its decentralized financing method. The updates published in June indicated that the activation of the stable-USD1 connection function, and the SWAP and Lending features will be launched, as well as its own application.

On June 31, World Liberty announced an investment of $ 10 million in Falcon Finance, noting that it provided the first complete liquidity guarantee system and blockachine yields. USD1 can now be used as a guarantee on the Falcon platform, which improves its position on the stable currency market.

Does the position of market value of a stable currency close to Trump reaches $ 2.4 billion after issuing currencies of $ 205 million, did the declarations of the federal reserve officials motivated it? APPLERDIRST on Arab Cryptonews.

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