USD1和Stablecoin戰爭：密碼層中的導彈

USD1於3月初由World Liberty Financial推出，破壞了穩定貨幣的既定秩序。

Donald Trump dislikes bombs, prefers customs tensions, enjoys power struggles with his own officials, and delivers bellicose speeches abroad. He wields confrontation like a trademark. In the crypto industry, the former American president is also waging his own campaign: that of stablecoins. For $1, he orchestrates a digital monetary war mixing political ambitions, geopolitical influence, and economic cannibalism.

唐納德·特朗普（Donald Trump）不喜歡炸彈，更喜歡海關緊張局勢，與自己的官員一起掙扎，並在國外發表好評。他像商標一樣揮舞著對抗。在加密貨幣行業中，前美國總統也在發動自己的競選活動：stablecoins的競選活動。以1美元的價格，他策劃了一場數字貨幣戰爭，融合了政治野心，地緣政治影響力和經濟同性戀主義。

Launched in early March by World Liberty Financial, USD1 has disrupted the established order of stable currencies. It went from $128 million to $2.2 billion in capitalization in two months, surpassing FDUSD, PYUSD, and Tether Gold. While USDT and USDC maintain their lead, USD1 is already ranked 7th worldwide. Its rise was catalyzed by the announcement of a $2 billion investment from MGX, linked to Eric Trump, into Binance via USD1.

USD1於3月初由World Liberty Financial推出，破壞了穩定貨幣的既定秩序。它在兩個月內從1.28億美元增加到22億美元的資本化，超過了FDUSD，Pyusd和Tether Gold。儘管USDT和USDC保持領先優勢，但USD1在全球範圍內已排名第七。通過與埃里克·特朗普（Eric Trump）相關的20億美元投資，通過USD 1宣布了20億美元的投資，從而促進了它的興起。

The stablecoin is not just a publicity stunt: it is almost exclusively issued on the BNB Chain, highlighting a strategic anchoring in Binance’s crypto ecosystem. “USD1 provides what anonymous crypto projects cannot: a credible and compliant DeFi integration,” says Zach Witkoff, co-founder of WLFI.

Stablecoin不僅是宣傳特技：它幾乎是在BNB鏈上發布的，突出了Binance的加密生態系統中的戰略錨定。 WLFI的聯合創始人Zach Witkoff說：“ USD1提供了匿名加密項目所無法的：可靠且合規的Defi集成。”

HTX (formerly Huobi), close to Justin Sun, was one of the first to list it, offering fee-free withdrawals. On DEXs like PancakeSwap, demand is exploding.

HTX（以前是Huobi）靠近賈斯汀·孫（Justin Sun），是第一個列出它的人之一，提供了免收費的提款。在諸如pancakeswap之類的Dex上，需求正在爆炸。

In this stablecoin war, the Trump effect is working: a positionning strategy, media blitzing, and lightning-fast acceleration. It’s no longer just a token; it’s a flag.

在這場Stablecoin戰爭中，特朗普的效果正在奏效：定位策略，媒體閃電和快速加速。它不再只是令牌；這是一個旗幟。

This opens a new chapter in the "Trump narrative" within the crypto sphere, usually focused on Bitcoin. But here, the spotlight is on a stablecoin in an installment of the broader tale of American influence in a globalized and integrated financial system.

這通常在加密貨幣領域的“特朗普敘事”中打開了新的章節，通常集中在比特幣上。但是在這裡，聚光燈是在全球化和綜合金融體系中更廣泛的美國影響力故事中的一系列穩定的。

The choice of the BNB Chain as the main vector raises questions about Chinese-American affinities, especially considering Binance is often targeted by regulators. Trump and Binance both denied any collusion, but the connections between WLFI, BNB, and MGX are intriguing.

BNB鏈的選擇是因為主要向量提出了有關中國裔美國人親和力的問題，尤其是考慮到義務通常是監管機構的目標。特朗普和Binance都否認了任何勾結，但是WLFI，BNB和MGX之間的聯繫令人著迷。

On its own, MGX, a fund from Abu Dhabi, triggered a speculative wave by investing massively in USD1. WLFI, which has raised $550 million since October, attracts global capital. Justin Sun increased his stake to $75 million in January. And according to V1PS’ founder, 90% of WLFI investors come from abroad: Europe, Asia, Latin America. The United States? Barely a minority.

來自阿布扎比的基金MGX本身，通過大量投資於USD1，引發了投機浪潮。自10月以來已籌集了5.5億美元的WLFI吸引了全球資本。賈斯汀·孫（Justin Sun）在一月份將他的股份增加到了7500萬美元。根據V1PS的創始人，有90％的WLFI投資者來自國外：歐洲，亞洲，拉丁美洲。美國？幾乎沒有少數。

This phenomenon reflects a globalized crypto world but in the hands of a few powers. At the White House, Trump simultaneously pushes for a “strategic Bitcoin reserve” and legislation favorable to stablecoins. He thus uses crypto not only as an economic lever but also as a diplomatic tool.

這種現象反映了一個全球化的加密世界，但在一些力量手中。在白宮，特朗普同時推動了“戰略性比特幣儲備”和有利於Stablecoins的立法。因此，他不僅將加密貨幣作為經濟槓桿，而且還用作外交工具。

A blockchain version of soft power where the war is waged through financial infrastructure.

戰爭通過金融基礎設施發動的區塊鏈版本的軟力。

In a context of rising BRICS and the de-Americanization of trade, USD1 stands as a bulwark against dedollarization. Backed by treasury bonds, USD cash, and liquid assets, it distinguishes itself from algorithmic models. BitGo handles custody. Audits are carried out by third parties. It is a product designed for institutions, with explicit compliance.

在金磚四國升起的背景下，貿易去美國，USD1是反對脫衣化的堡壘。在國庫券，美元現金和流動資產的支持下，它與算法模型區分開來。 Bitgo處理監護權。審核由第三方進行。它是為機構設計的產品，具有明確的合規性。

USD1 enters with institutional design, rigorous compliance, and real anchoring.

USD1以機構設計，嚴格的合規性和真正的錨定。

The stablecoin promises international usability, notably in DeFi and cross-border transactions. Unlike others, USD1 does not play vague or anonymous. It targets serious actors: banks, funds, multinationals.

Stablecoin承諾國際可用性，尤其是在Defi和跨境交易中。與其他人不同，USD1不含糊或匿名。它針對嚴肅的參與者：銀行，資金，跨國公司。

This is evident in the partnerships formed: Chainlink for oracles, DeepChain for liquidity, and AnChain for anti-fraud measures. Each integration serves a specific purpose within the broader institutional framework that USD1 is building.

這在形成的合作夥伴關係中很明顯：鍊鍊鏈接，用於流動性的深鏈以及用於反欺詐措施的錨。每個集成在USD1建立的更廣泛的機構框架內都有一個特定的目的。

The Trump administration is also involved in this project. Several officials, including those from the Treasury Department and the Securities and Exchange Commission, are following the development of USD1 closely. Their feedback and guidance are crucial in ensuring the stablecoin's legal and regulatory compliance.

特朗普政府也參與了該項目。幾位官員，包括財政部和證券交易委員會的官員，正在密切關注USD1的發展。他們的反饋和指導對於確保Stablecoin的法律和監管合規性至關重要。

The goal is clear: to create a viable and attractive alternative to existing stablecoins while navigating the legal and political landscape effectively.

目的是明確的：在有效地駕駛法律和政治景觀的同時，為現有穩定幣創建可行而有吸引力的替代方案。

While Ripple, PayPal, Gemini, or Circle battle to impose their own stablecoins, Trump advances covertly. He offers a digital version of the dollar crafted for influence, intended for states, banks, and global platforms. It’s not just a stablecoin; it’s a weapon for the reconquest of the dollar.

雖然Ripple，Paypal，Gemini或Circle戰鬥以施加自己的穩定，但特朗普秘密地前進。他提供了用於影響力的數字版本，旨在為州，銀行和全球平台。這不僅僅是一個穩定的人；這是一款美元重新征服的武器。