Geneva, Switzerland, June 12, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the first minting of the USD1 stablecoin on the TRON blockchain. Released by World Liberty Financial., the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents.
The minting of WLFI’s stablecoin on TRON confirms an announcement made last month at Token2049 in Dubai by Eric Trump, executive vice president of the Trump Organization and co-founder of WLFI. Trump announced in May that USD1 was the stablecoin selected to settle MGX’s $2 billion investment in Binance, quickly followed by a supporting statement that USD1 will be fully integrated into the TRON ecosystem.
The minting kicked off in the early morning hou
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