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Dollar-backed stablecoin from World Liberty Financial, launched with a March 2025 announcement and reported as the fourth-largest stablecoin at about $4 billion.
A Trump-family-linked crypto venture is tied to a Hong Kong AI gateway where Reuters counted 43 of 90 models as Chinese-built. The exposure for buyers is procurement, not prosecution.
Reality
Reuters reports the letter offers Pax Silica membership only to signatories that skip China's WAICO. A Hong Kong startup is already selling Chinese model access for a Trump-linked stablecoin.
Reality
A Reuters review says Hong Kong's WorldClaw resells models from US-restricted Chinese labs and accepts the Trump-linked USD1 stablecoin. Anyone holding or clearing USD1 now owns that adjacency.
Reality
Reuters reports a Trump-linked crypto venture is behind WorldClaw, a Hong Kong reseller listing export-restricted Chinese models beside OpenAI and Anthropic, payable in its own stablecoin.
Reality
A conditional national trust charter would let the Trump-linked issuer combine minting, custody and reserve management under one federal supervisor. Ripple and Circle are ahead of it in the queue.
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