Following the speech of the Federal Reserve Governor Christopher Waller Waller, the Trump Family’s Finance Project, the World Liberty Financial, has increased its stubborn hours by more than $ 200 million.
The World Liberty posted on X on Thursday that it interpreted the platform’s stable queen for its treasury, USD1’s $ 205 million worth, which increased its supply of $ 2.4 billion in the first significant increase of token from late April.
Since it was launched in early April, Trump’s family -backed Stabon has become the sixth largest in terms of market capitalization, headed by a teacher’s $ 167 billion strong teacher (USDT) with a 60 % market share, followed by Circle Internet group with 67.4 billion USDC.
Fed Governor, SEC Chair on Blush Stable Queens
Fed’s Waller came only a few hours after the Crypto supporter speech came to the USD1 mint, especially in the contests of Stabbicon.
“I am sure that Stabbicins are capable of maintaining and expanding the role of the dollar internationally,” Waller said at a blockchain conference in Wednesday.
He added, “Establishment also has the potential to improve retail and cross -border payments.
Waller said the Stabon Regulating Genees Act, signed in the law last month, “Payment was an important step for the Stable Queen Market and could help the Stable Queens reach its full potential.”
It echoed the comments of the Securities and Exchange Commission Chair Paul Atkins, who said on August 19 that the bill was “an important step for the US Congress and the government.”
WLFi Treasury Holdings Records High
According to Naisi, the recent USD1 mint has increased WLFI Treasury Holdings to a record $ 548 million.
Related: Trump’s World Liberty Crypto tokens are ready to be able to trade
Establishment is now the largest crypto in the World Liberty, which is $ 212 million and 39 % of its total portfolio. The next largest investment of the project is $ 85 million, as well as equal price for Ether (ETH), as the project has 19,650 ETH.
Earlier this month, it was reported that the World Liberty Financial is looking for the establishment of a public traded company to conduct its WLFI token, with the fundraising target is about $ 1.5 billion.
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