Trump family’s USD1 stablecoin is scrubbed from a UAE-linked prediction market as Pakistan denies investing in World Liberty

ADI PredictStreet, a UAE-linked prediction market, initially appeared to be using World Liberty Financial’s stablecoin, USD1, and blockchain analysis has since examined its transactions¹. References to USD1 were then deleted from the site².

The platform had said deposits would be accepted only in World Liberty’s USD1 stablecoin³. It has since dropped those plans³. World Liberty Financial did not return a request for comment².

Separately, Pakistan denied making any investment in World Liberty Financial, a cryptocurrency company linked to President Donald Trump’s family^4,5. The denial is Pakistan’s own statement, and the coverage in this pack does not include evidence either confirming or contradicting it^4,6.

The changes on the prediction market site and Pakistan’s denial both bear on the reach of World Liberty’s business abroad^3,4.

Why it matters to investors

The deleted references add another wrinkle to the connections between World Liberty and the Gulf². World Liberty is a venture associated with Trump’s sons⁶, and Donald Trump Jr. has a role in helping oversee it⁸.

Political scrutiny is rising. Democrats are preparing a congressional probe⁶, and a separate Democratic plan for a Senate probe into World Liberty Financial has been part of the party’s oversight agenda⁷. Sen. Elizabeth Warren’s expected agenda at the Senate Banking Committee includes Trump family crypto firms⁷.

One opinion piece argued that Democrats have a mandate to tackle corruption and cited Trump Jr.’s role at World Liberty, which it said received a covert investment⁸. For stablecoin markets, the question is whether this oversight leads to tighter rules on issuers with political ties⁷.

For World Liberty, the combination of a platform withdrawing plans to use USD1³, a government denying investment⁴ and a planned Senate probe⁷ adds to the questions it faces in the new Congress⁶.

What to watch

The first question is whether World Liberty Financial or ADI PredictStreet explains why USD1 references were removed^1,2. A second is whether further blockchain analysis clarifies how the platform’s transactions were settled¹.

In Washington, investors will watch for the timing and scope of the Senate probe that Democrats have planned^6,7. Any request for records from foreign governments, including on Pakistan’s denial, would extend the inquiry abroad^4,5.

The outcome will bear on USD1’s adoption by platforms that had planned to use it³.

A response from World Liberty, which did not reply to a request for comment², would be the first account from the company itself.