A single wallet holds USD1 worth $2 billion, and the identity of the holder cannot be confirmed for the time being
2025-05-05 07:11:07
On May 5th, Reuters quoted Arkham data as saying that a single wallet holds USD1 worth 2 billion US dollars, and said that the identity of the wallet holder has not yet been confirmed. Previously, US Democratic Senator Elizabeth Warren said that Trump's efforts to promote the development of stablecoins are suspected of conflict of interest. It is reported that USD1 is a stablecoin launched by the Trump family crypto project WLFI, backed by US Treasury bonds, US dollars and other cash equivalents. The current issuance value has reached about 2.10 billion US dollars, but the identity of its main holder is still unclear. Trump's son Eric Trump has announced that USD1 has been officially selected as the official stablecoin for Abu Dhabi investment agency MGX to complete its $2 billion investment in Binance.
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