In the shimmering expanse of Dubai, beneath chandeliers that glanced down with less disdain than usual, Eric Trump straightened his tie—a gesture both heroic and unnecessary—and let slip a revelation shaped like a golden apple. Yes, reader, the Trump family, not content with mere rectangles of luxury real estate, has now birthed a digital coin called USD1. One supposes “USD1,000” sounded derivative.
At the Token2049 gathering, Eric explained—without stammer or irony—their stablecoin would serve as the official, if not slightly bewildered, companion for Abu Dhabi’s MGX and its $2 billion flirtation with Binance. Apparently, money finds money, and stablecoins, like awkward guests at a wedding, must sit wherever the richest folks sit.
Early in the year, MGX had declared their intention to wade into Binance’s $2 billion pool. Now, with the USD1 stablecoin, WLFI (World Liberty Financial, presumably named by the same committee who brought us “covfefe”) pledged to anchor it all onto the ever-busy Tron blockchain. Thus America’s favorite family enters the digital ecosystem, proving yet again that in the twenty-first century, all things are possible—with enough ambition, a reasonable Wi-Fi connection, and a few spare billion dollars. 🤑🌍🐘
If Dostoevsky ever wrote about crypto, he’d need a stiffer drink.
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2025-05-01 13:36