A stablecoin with the president's family name on it is about to get a federal trust charter from a regulator that answers to the president.
USD1, the coin from World Liberty Financial, would run under one federal stamp instead of the state-by-state licensing slog everyone else grinds through. National scope, single approval, signed off by an agency whose boss the issuer happens to share a last name with.
The conflict-of-interest question basically writes itself. And nobody in DC seems all that eager to ask it out loud.