PANews reported on February 23 that Zach Witkoff, co-founder and CEO of World Liberty Fi, a crypto project of the Trump family, stated on the X platform that USD1 aims to set a new standard by achieving full reserve backing and high transparency within a compliant framework. He added that the team is "proud to be the most transparent stablecoin on the market" and that it has achieved 100% asset backing and 100% verifiability. He also emphasized that users can verify the 1:1 asset backing of USD1 at any time.