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Iran's $12 Billion Frozen Assets to Be Settled via Trump-Linked Stablecoin USD1

On June 12, sources close to the matter revealed that Iran's approximately $12 billion in frozen overseas assets is expected to be settled through the USD1 stablecoin, associated with World Liberty Financial, linked to Trump. According to the disclosed information, the entire transaction process for these assets is expected to require approval through a democratic voting procedure at the World Liberty Financial forum before execution. Public records show that USD1 is a dollar-pegged stablecoin launched by World Liberty Financial, with reserve assets consisting of U.S. Treasury bills, dollar deposits, and cash equivalents. The project was co-initiated by the Trump family and had previously sparked compliance controversies in the market due to its on-chain funds being linked to sanctioned Iranian entities.

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