USD1, The Stablecoin Backed By The Trump Family, Fails To Attract The Markets

Failure of USD1 Stablecoin: The USD1 stablecoin, promoted by the Trump family, has not gained market traction despite initial high trading volumes, as over 50% of its liquidity is concentrated in just three wallets, indicating a lack of genuine market interest and transparency.

Criticism and Controversy: The project faces backlash for its opaque operations and perceived focus on private enrichment for the Trump family, raising concerns about its legitimacy and potential threats to democratic principles.