Trump's stablecoin project sparks DeFi and political debate

World Liberty launched Project Wings on Solana, introducing USD1 stablecoin transactions on Bonk.fun and Raydium, aiming to drive adoption and integrate the Trump brand into cryptocurrency transactions. The program, backed by Trump’s $5 billion cryptocurrency portfolio, aims to enhance the practicality of USD1 amid amid uneven market performance and increasingly stringent regulatory scrutiny.