Five Democratic senators in the United States have sent a letter to the Federal Reserve and the Office of the Superintendent of the Currency (OCC) expressing concern over the stablecoin USD1 launched by the Trump family's cryptocurrency project WLFI, stating that it constitutes an "unprecedented conflict of interest" that could jeopardize the security of the financial system. The letter pointed out that Trump has strengthened his control over White House policies through executive orders, exacerbating the risk of regulatory independence. WLFI has raised $550 million since its establishment in September 2024 and launched USD1 stablecoin on BNB Chain and Ethereum at the end of March. （Cointelegraph） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40167