The age of a treacherous, falling dollar
economist.com
economist.com
"Trump, Crypto, and a New Age of Corruption" (2025-11) https://democrats-judiciary.house.gov/sites/evo-subsites/dem... :
> While research indicates these crypto ventures have put more than $800 million into the pockets of President Trump and his family members and allowed him to double his net worth, this corruption has gone largely unnoticed by the American electorate. According to some reports, 60% of Americans say they haven’t heard about “the President’s family running a cryptocurrency business” or profiting from that business; nearly half of Trump voters believe he had not profited from the presidency at all, while a third believed he had made less than $100 million while in office. [5]
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> USD1 Stablecoin
> In March 2025, World Liberty Financial also launched its own stable coin, USD1, which is pegged to the U.S. dollar and backed by short-term U.S. treasuries and other liquid assets. Since its launch, USD1’s market cap has grown from $128 million to nearly $2.7 billion. [63] The Financial Times estimates that WLF has earned around $42 million from USD1, while Forbes has valued the stablecoin business at $235 million. [64] Like $WLFI, USD1 is plagued by foreign conflicts of interest (...)
Cryptocurrency in the second Trump presidency https://en.wikipedia.org/wiki/Cryptocurrency_in_the_second_T...
Trump signed the GENIUS Act, which regulates stablecoins, in 2025: https://en.wikipedia.org/wiki/GENIUS_Act
Compare the fee structure of e-CNY and USD1
How did the GENIUS Act affect Trump's private profit stablecoin?
>> The Impact on USD1: Since World Liberty Financial cannot pay interest to you [due to the GENIUS Act], they are allowed to keep nearly 100% of the interest generated by the U.S. Treasuries backing the coin. This effectively protects the 75% revenue share for Trump-affiliated entities by ensuring that yield stays at the protocol level (where the family collects it) rather than being distributed to the users.