- Specs News
- Posts
- 3/25/25: Trump's World Liberty Financial Introduces $USD1 💸🇺🇸📜
3/25/25: Trump's World Liberty Financial Introduces $USD1 💸🇺🇸📜

Today’s issue is brought to you by Safe — the world’s leading smart account provider on EVM, securing $100B+ in assets (including Vitalik’s).

Top News
World Liberty Financial deploys stablecoin $USD1 on BNB chain
Trump Media partners with Crypto.com for Made in America" ETFs
Kentucky passes self-custody law for BTC and ETH

Specs’ Insights
1. World Liberty Financial announces their stablecoin $USD1
Meet USD1 — the stablecoin your portfolio’s been waiting for.
Built for institutions and retail alike. Backed by dollars. Custodied by BitGo.
No games. No gimmicks. Just real stability.— WLFI (@worldlibertyfi)
12:53 PM • Mar 25, 2025
⌐◪-◪ → Another stablecoin is born!
WLFI just announced its latest venture into the stablecoin space with USD1 — a dollar-backed, 100% reserve stablecoin built on Ethereum and Binance Smart Chain.
Unlike algorithmic and unregulated stablecoins, USD1 aims to be the most secure and reliable option available — backed entirely by short-term U.S. Treasuries and cash equivalents. The reserves will be held and managed by BitGo, the world’s leading digital asset custodian.
Co-founder Zach Witkoff emphasized that USD1 brings institutional-grade security and liquidity to DeFi, making it an attractive choice for both investors and institutions alike.
Meanwhile, looks like Sam Altman’s Worldcoin is in talks with Visa about launching its own stablecoin. Looks like the stablecoin wars are heating up again!
2. Trump Media partners with Crypto.com for Made in America" ETFs
Proud to partner with @realDonaldTrump’s Truth Social on a series of ETFs, including the world’s first ETF with $CRO
— Kris | Crypto.com (@kris)
9:30 PM • Mar 24, 2025
⌐◪-◪ → Is Trump launching a crypto ETF?
Trump Media & Technology Group (TMTG) just announced a partnership with Crypto.com to launch 'Made in America' themed crypto ETFs. The collaboration will focus on creating ETF baskets of digital assets, including Bitcoin and CRO, available to Crypto.com’s 140 million users.
Crypto.com will provide backend tech, custody, and liquidity through its Custody Trust Company — an SEC-regulated entity.
This partnership comes amid controversy as Crypto.com recently reissued 70 billion CRO tokens, previously burned, which has raised some eyebrows among investors.
Trump has consistently shown support for Bitcoin and crypto adoption — proving that his pro-crypto stance goes beyond just votes. It’s clear he’s all in on pushing the industry forward.
3. Kentucky passes self-custody law for BTC and ETH
JUST IN: 🇺🇸 Bill to self-custody #Bitcoin and crypto has been signed into law in Kentucky.
America is embracing Bitcoin 🙌
— Bitcoin Magazine (@BitcoinMagazine)
11:54 AM • Mar 25, 2025
⌐◪-◪ → States are embracing crypto!
Crypto is winning on the legislative front again as Kentucky passes the Bitcoin Rights Bill, protecting self-custody and mining from discrimination. The bill also exempts digital asset payments from additional taxes and clarifies that PoW mining is not a security.
Meanwhile, Oklahoma has passed the Strategic Bitcoin Reserve Act through its House of Representatives, aiming to set up a state-backed Bitcoin reserve.
This momentum aligns with Trump’s pro-crypto executive orders, and it’s becoming clear that crypto is here to stay — especially at the state level.
As more states follow suit, expect a wave of crypto-friendly legislation to sweep the country. The future of crypto in America has never looked brighter.

Everything Else
⛓️ Crypto & DeFi
DYDX token jumps 7% after buyback program launch
Mt. Gox transfers $1B BTC but retains 35,583 BTC
Crypto Token Cronos spikes following Trump Media tie-up
Binance suspends employee for misconduct amid trading probe
Hyperliquid launches HyperCore and HyperEVM
dYdX buyback program allocates 25% of fees, token jumps 8%
PumpSwap rival causes Raydium token to jump
Argo Blockchain appoints Justin Nolan as CEO
Bitcoin ATM business remained sluggish through bull market
🏦 Wall Street & VC
Crypto investment products reverse outflow streak, add $644M in assets
Strategy’s Bitcoin holdings cross 500,000 BTC after stock sales
Kraken considers $1B debt raise ahead of IPO
Sam Altman’s World Network in talks with Visa for stablecoin wallet
Rain raises $24.5M from Norwest, Galaxy, Coinbase Ventures
Zodia Custody COO leaves crypto for traditional finance
Standard Chartered swaps Tesla for Bitcoin in ‘Mag 7’ test
Tabit Insurance raises $40M in BTC-funded insurance
🏛️ Legal & Regulatory
Coinbase CLO criticizes Treasury’s stance on Tornado Cash
Robinhood probe by Massachusetts regulator
Kentucky passes self-custody law for BTC and ETH
Binance offboards market maker over trading misconduct
🌎 Rest Of The World
Circle launches USDC in Japan after securing regulatory approval
Pakistan invites Bitcoin miners to leverage excess energy
PwC Italy & SKChain Advisors building EU digital identity
HK Asia Holdings buys more BTC amid fiat depreciation
German regulator halts Ethena’s stablecoin over "deficiencies"
Australian digital asset framework aims for global leadership
South Korea sanctions BitMEX, KuCoin over regulatory breaches
Metaplanet brings BTC treasury to $293M
🖼️ NFTs & Metaverse
CryptoPunks see over$5M in volume over the last 7 days
Polymarket launches on Solana to enable SOL deposits
Solana meme coin Morning Routine touches $19M market cap
Dogecoin Foundation launches DOGE reserve with 10M token purchase
