The Trump family’s cryptocurrency business has seen billions in gains since last year’s election, driven largely by the performance of its stablecoin, USD1, issued by World Liberty Financial.
What Happened: A central factor in this surge is the token’s deep integration with PancakeSwap (CRYPTO: CAKE), a decentralized exchange reportedly developed and maintained by Binance, the world’s largest crypto exchange, The Wall Street Journal reported on Wednesday.
PancakeSwap has served as a launchpad for USD1 adoption, encouraging traders to pair it with newly minted tokens such as Torch of Liberty and Eagles Landing.
These tokens, with overtly patriotic branding, were introduced this year to promote …Full story available on Benzinga.com
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