Sea
Sea|Feb 23, 2026 14:44
The market is super fragile right now, even the smallest thing causes panic. Someone noticed Eric Trump deleted a few tweets about USD1. Combined with whales making a run for it, this caused the USD1/USDT price on Binance to briefly depeg. The lowest wick hit 0.9802, but it’s now back to 0.9984. I checked @worldlibertyfi’s official Twitter for USD1-related content, and using the XHunt plugin, everything still seems normal. WLFI has recently spent a lot working with Binance to promote USD1’s use cases. Stablecoins are a long-term, high-profit business, so logically, the Trump family wouldn’t let anything happen to USD1. Plus, USD1 is fully backed by USD assets, with reserves audited by BitGo Trust, which just went public recently. Fidelity is also involved in managing part of the reserve assets. Some of the USD1 I swapped earlier is still sitting in Binance from participating in an event, and I haven’t touched the rest yet.
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