Trump-Backed Stablecoin USD1 Briefly Loses Peg Amid Social Media Breach

USD1, the dollar-pegged stablecoin issued by World Liberty Financial (WLFI), briefly fell below its $1 benchmark on Monday after what the company described as a coordinated attack. The token dropped to $0.994, according to CoinGecko data, before recovering to $0.9994 and later trading back at par. It said no smart contracts or wallets were breached […] Read The Full Article Trump-Backed Stablecoin USD1 Briefly Loses Peg Amid Social Media Breach On Coin Edition.