🌕TRUMP’s OWN STABLECOIN 🇺🇸 + $MOVE’s Scandal

Today's Token Metrics Daily covers significant happenings in the cryptocurrency space. Trump-linked entities are launching a stablecoin, USD1, while the former president advocates for pro-crypto regulation. It also highlights a unique case where Binance and Movement Labs recovered stolen funds after a market maker fraud, using the recovered assets to buy back their MOVE token and restore confidence. Further, the Digital Asset Summit underscored the growing institutional adoption of crypto, with traditional finance increasingly integrating digital assets. Other noteworthy events include memecoin surges, developments in Solana's DeFi ecosystem, and various industry news snippets, painting a picture of a dynamic and evolving market.