DWF Labs, the company run by a convicted Russian fraudster (Andrei Grachev) that the Trump family chose to manage its new World Liberty Financial stablecoin #USD1, has its own stablecoin #USDF that the market just stopped believing is actually backed by $1 of β€œreal” money.

https://protos.com/dwf-labs-backed-usdf-depegs-as-red-flags-raised-over-quality-of-backing/

#DWFLabs #AndreiGrachev #trump #WLFI #worldlibertyfinancial #stablecoin #stablecoins #uspol #corruption #uspolitics

A Cartel, they formed a Cartel
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RT @wallstreetpro
🚨 BREAKING: A number of US banks have formed a group in order to offer #USDF, their own regulated bank-minted #stablecoin to compete with #Tether, #USDC.. It will be redeemable on a 1:1 basis for cash from member banks & will operate on the public Provenance Blockchain. #Retweet
https://twitter.com/wallstreetpro/status/1481784608572293123
WallStreetPro on Twitter

β€œπŸš¨ BREAKING: A number of US banks have formed a group in order to offer #USDF, their own regulated bank-minted #stablecoin to compete with #Tether, #USDC.. It will be redeemable on a 1:1 basis for cash from member banks & will operate on the public Provenance Blockchain. #Retweet”

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