Trump-Backed Stablecoin Briefly Slips as World Liberty Claims 'Coordinated Attack'

In brief

• USD1 briefly slipped below its dollar peg on Binance, falling to a value around $0.98 before recovering within minutes.
• Around the same time, the company’s native token, WLFI, dropped roughly 7%.
• World Liberty claimed it repelled a “coordinated attack” involving hacked X accounts, disinformation, and short-selling.