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Trump Family's Crypto Venture Says It Faced 'Coordinated Attack'

Bloomberg • February 23, 2026

World Liberty Financial , the digital-asset venture backed by the Trump family, said that it defeated an unspecified “coordinated attack” against its flagship cryptocurrency product.

USD1, the dollar-pegged stablecoin issued by World Liberty, briefly traded below $1 on Monday before climbing back to par, according to crypto data tracker CoinGecko. Stablecoins are typically designed to trade equal to the dollar to provide users with a stable medium of exchange and to serve as a store of value within the highly volatile crypto market.

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Trump Family-Backed Cryptocurrency Faces Coordinated Security Breach World Liberty Financial, a digital-asset venture backed by the Trump family, reported a coordinated security breach targeting its USD1 stablecoin. The cryptocurrency briefly fell below its $1 peg on February 23, 2026, before recovering, with officials confirming that all funds remained secure. 2 sources 24

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World Liberty Financial