Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?
If you are hoping to make significant profit I honestly don’t understand going for a stablecoin. Especially one that is launched by a political family. I can understand if you just wanna use a token or coin for some profit making but I don’t know if this specific one will be the best option. Still, it’s your own choice but I don’t see the purpose of this coin let alone if it’s for profit making.