Eric Trump Says Trump Family-Linked World Liberty Financial's Stablecoin USD1 Has Eclipsed PayPal's Digital Dollar: 'The Shift Is Happening' - American Bitcoin (NASDAQ:ABTC), PayPal Holdings (NASDAQ:P
PayPalPayPal(US:PYPL) Benzinga·2026-01-24 03:41

Group 1 - The USD1 stablecoin issued by World Liberty Financial has surpassed PayPal's PYUSD stablecoin, marking a significant milestone in the cryptocurrency market [1] - Binance announced a $40 million WLFI token airdrop for USD1 holders, which will run until February 20, rewarding users with a 1.2× bonus for collateralized holdings [1] - World Liberty Financial is a decentralized finance platform co-founded by Eric Trump, with the Trump family owning 60% of the company and entitled to 75% of revenue from coin sales [2] Group 2 - Eric Trump has criticized traditional banks, claiming they are attempting to obstruct cryptocurrency legislation, indicating a shift in the financial system [3] - Senators Elizabeth Warren and Jack Reed have called for an investigation into World Liberty Financial over alleged ties to North Korea and Russia, which Eric Trump has dismissed as unfounded [4] - As of the latest data, USD1 has a closing price of $0.9999, a 24-hour trading volume of $6.23 billion, and a market cap of $4.4 billion, compared to PYUSD's closing price of $0.9994, trading volume of $188.38 million, and market cap of $3.75 billion [4]

Eric Trump Says Trump Family-Linked World Liberty Financial's Stablecoin USD1 Has Eclipsed PayPal's Digital Dollar: 'The Shift Is Happening' - American Bitcoin (NASDAQ:ABTC), PayPal Holdings (NASDAQ:P - Reportify