World Liberty Financial Rejects Senator Blumenthal’s Stablecoin Probe as ’Fundamentally Flawed’

World Liberty Financial has forcefully countered Senator Richard Blumenthal’s investigation into its USD1 stablecoin, dismissing the probe as based on incorrect information. The company’s legal team characterized the inquiry as "fundamentally flawed," while defending the stablecoin’s role in promoting financial inclusion and dollar strength.

The dispute centers on alleged connections between WLFI’s stablecoin operations and Trump-family crypto ventures. Attorneys representing the firm explicitly denied any conflicts of interest, framing the political scrutiny as an attempt to intimidate innovators in the digital asset space.

USD1 represents precisely what global markets require—reliable dollar-pegged instruments that bridge traditional finance and blockchain innovation. Regulatory challenges like these underscore the growing pains of an industry maturing under institutional scrutiny.