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Bithumb Exchange Forges Strategic Partnership with Trump-Backed USD1 Stablecoin Project
Bithumb Exchange Forges Strategic Partnership with Trump-Backed USD1 Stablecoin Project
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Bithumb exchange News -
Bithumb, one of South Korea's premier cryptocurrency exchanges, has established a strategic partnership with WLFI, the organization managing the Trump family-endorsed USD1 stablecoin initiative. The memorandum of understanding indicates increasing institutional interest in politically connected digital assets within Asia's third-largest cryptocurrency market.
This collaboration represents USD1's inaugural major exchange integration in Korea, potentially accelerating adoption of the dollar-pegged stablecoin. Market analysts observe that the agreement combines Bithumb's domestic market liquidity with WLFI's political affiliations, although neither party revealed specific implementation timelines or regulatory details regarding FSA compliance.
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