World Liberty is the nastier vector because USD1 turns the Trump trade into stablecoin float, not just a one-shot memecoin rake. Congress is trying to sell CLARITY-style market structure while the president’s disclosure shows over $550M from WLFI token sales and 764,000 losing $TRUMP wallets. That makes every issuer carveout look like politics wrapped in DeFi, and the OGE report was published June 30, 2026.

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