Trump-Backed Venture Launches Treasury-Backed Stablecoin
Trump-Backed Venture Launches Treasury-Backed Stablecoin
🏛️ Trump Enters Stablecoin Game
World Liberty Financial, backed by Donald Trump, has announced USD1 - a new dollar-pegged stablecoin. The key features include:
- Backed by short-term US government treasuries and dollar deposits
- Aims to bridge traditional finance with DeFi
- Could increase institutional adoption of digital assets
The launch represents a notable entry into the centralized stablecoin market, potentially appealing to traditional financial institutions seeking regulated crypto exposure.
Nuon Partners with TRUF Network for Enhanced Data Security
Nuon Finance announces integration with TRUF Network, a decentralized infrastructure layer providing trustless access to high-frequency economic data streams. Key updates: - TRUF Network delivers real-time validated economic metrics including inflation and commodity prices - Integration enhances security of Nuon stablecoin yield distributions - System uses independently validated inflation data from Truflation - $TRUF token incentivizes data validation and protects against oracle attacks The partnership strengthens Nuon's data infrastructure while maintaining its commitment to decentralization and security. [Read more](https://blog.nuon.fi/nuon-integrates-truf-network/)
Nuon Protocol Joins Truflation Network Ecosystem
Nuon Protocol announces integration with Truflation Network to build decentralized financial infrastructure using real-time, on-chain inflation data. The collaboration introduces a next-generation yield-bearing stablecoin featuring: - Built-in inflation protection mechanisms - Interest-bearing capabilities - Powered by $TRUF token and TrufNetwork - Real-time economic data integration The partnership leverages Truflation's infrastructure to provide accurate, on-chain inflation and economic data, enhancing Nuon's stablecoin offering with reliable inflation protection features.
Nuon Protocol Announces V2 Launch with Yield Predictions Market
Nuon Protocol is launching V2 in February 2025 with significant upgrades: - New predictions market functionality for DeFi yields - Enhanced inflation yield support - Governance token holders gain TVL allocation rights - Initial guarded launch with invite-only access - Introduction of nuMINT strategy token The protocol aims to provide structured yield rewards and early adoption benefits through a controlled rollout phase. Governance token holders will have privileged access to reward opportunities through TVL allocation mechanisms.