USD1是一种新的Stablecoin，被世界自由金融（WLFI）铸造在Tron区块链上

由于系绳（USDT），Tron已经众所周知。现在，该区块链是一项新计划的基础，旨在为用户提供快速加密交易。

World Liberty Financial (WLFI), a company partly owned by the Trump family, has minted a new stablecoin, USD1, on the TRON blockchain. The token was launched on June 11, 2025. TRON is already well-known due to Tether (USDT), and now this blockchain is hosting a new initiative aimed at providing users with fast crypto transactions. However, many questions arise regarding both the stability of USD1 and the legal and political aspects involved.

世界自由金融（WLFI）是特朗普家族部分拥有的公司，在Tron区块链上铸造了新的Stablecoin USD1。该令牌于2025年6月11日启动。Tron已经由于Tether（USDT）而闻名，现在该区块链正在主持一项新计划，旨在为用户提供快速加密交易。但是，关于USD1的稳定性以及所涉及的法律和政治方面都出现了许多问题。

What is USD1?

什么是USD1？

USD1 is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. It is backed by U.S. Treasury bonds and other cash equivalents, although questions about the mechanisms of its backing remain unresolved.

USD1是一个以1：1比率固定到美元的稳定币。它得到了美国国库券和其他现金等价物的支持，尽管有关其支持机制的疑问仍未解决。

The launch of this token is of great significance, as it is a stablecoin created with the political backing of U.S. President Donald Trump's family. Given the political support, the project raises important questions about conflicts of interest and possible violations of the U.S. Constitution. In particular, the Emoluments Clause — part of the U.S. Constitution that prohibits government officials from receiving financial benefits from foreign governments or private individuals during the performance of their duties — is a key topic of discussion.

这个代币的推出非常重要，因为它是由美国总统唐纳德·特朗普（Donald Trump）家人的政治支持而创建的稳定者。鉴于政治支持，该项目提出了有关利益冲突以及可能违反美国宪法的重要问题。尤其是，《艾式条款》是美国宪法的一部分，该条款禁止政府官员在履行职责期间从外国政府或私人那里获得财务福利 - 是讨论的关键主题。

The importance of TRON for USD1

Tron对USD1的重要性

The choice of TRON as the platform for launching USD1 has its advantages. The TRON blockchain has long been used to support Tether (USDT), one of the largest stablecoins on the market, due to its low fees and fast transactions. Therefore, using this platform for USD1 allows for lower transaction costs and makes the token accessible to a wider audience.

TRON作为推出USD1的平台的选择具有其优势。 TRON区块链长期以来一直被用来支撑Tether（USDT），这是市场上最大的稳定菌之一，这是由于其低费用和快速交易。因此，将此平台用于USD1可以降低交易成本，并使更广泛的受众访问令牌。

However, it is indispensable to understand that TRON is regularly criticized for its lack of transparency and centralized governance, which increases the risks for the USD1 project in terms of stability and user trust.

但是，不可或缺的是要了解特隆因缺乏透明度和集中治理而受到批评，这在稳定性和用户信任方面增加了USD1项目的风险。

Trump’s political backing

特朗普的政治支持

However, USD1 is not just another stablecoin on the TRON blockchain. The Trump family’s ownership of 60% of WLFI shares creates a potential conflict of interest. Given that Trump and his family remain influential figures on the U.S. political stage, there is a risk that this stablecoin could be used for the family's financial gain or to influence political processes.

但是，USD1不仅是Tron区块链上的另一个稳定币。特朗普家族拥有60％的WLFI股份的所有权造成了潜在的利益冲突。鉴于特朗普和他的家人在美国的政治阶段仍然是有影响力的人物，因此这种稳定币可以用于家庭的经济利益或影响政治进程的风险。

This context raises questions about external influence on the U.S. economy and politics, especially if foreign governments or companies start investing in USD1. It casts doubt on the transparency and neutrality of the project, already sparking discussions among politicians and experts.

这种情况提出了有关外部对美国经济和政治影响的疑问，尤其是在外国政府或公司开始投资于USD1时。它对该项目的透明度和中立性表示怀疑，这已经引发了政客和专家之间的讨论。

Backed reserves and regulation issues

支持的储备和法规问题

In addition to the political aspects, USD1 faces other challenges related to its reserves and regulation. Unpublished details about the reserve mechanisms and backing may lead to trust issues among users. The lack of reporting and auditing leaves questions about the stability of this token, which could impact its acceptance as a reliable instrument.

除了政治方面，USD1还面临与其储备和监管有关的其他挑战。关于储备机制和支持的未发表的细节可能会导致用户之间的信任问题。缺乏报告和审计给该代币的稳定性留下了疑问，这可能会影响其作为可靠工具的接受。

For USD1 to become a successful and stable stablecoin, the project will need to overcome regulatory hurdles, ensure full transparency, and meet security and stability standards to avoid legal complications.

为了使USD1成为成功稳定的Stablecoin，该项目将需要克服监管障碍，确保完全透明度，并满足安全性和稳定标准，以避免法律上的并发症。

Conclusion

结论

The launch of USD1 is a significant event for TRON and the cryptocurrency market as a whole. However, its success will depend on how the project addresses issues of transparency, backing, and regulation. The stablecoin space is under increased scrutiny from both U.S. and global authorities. For USD1 to gain widespread adoption, the transparency of its reserve backing, emission policy, and legal compliance will be crucial.

对于Tron和整个加密货币市场而言，USD1的推出是一个重要的事件。但是，其成功将取决于项目如何解决透明，支持和监管问题。美国和全球当局都受到了稳定的空间的审查。为了使USD1获得广泛的采用，其储备支持，排放政策和法律合规的透明度至关重要。

Another issue arises regarding interoperability. Will USD1 remain exclusive to TRON, or will it expand to Ethereum, BNB Chain, and other networks? Inter-network liquidity could be a key factor in its success.

有关互操作性的另一个问题。 USD1是否仍然是Tron的独有，还是将其扩展到以太坊，BNB链和其他网络？网络间流动性可能是其成功的关键因素。

However, if WLFI can overcome these challenges and ensure transparency in all matters, this stablecoin has the potential to become an important tool for users on the TRON platform and within the decentralized finance ecosystem.

但是，如果WLFI能够克服这些挑战并确保所有问题的透明度，那么该Stablecoin有可能成为Tron平台和分散的金融生态系统中用户的重要工具。