MerchDAO USD Price & Performance (MRCHUSD)

World Liberty Financial has launched USD1, a stablecoin pegged to the US dollar and backed by US Treasuries and cash equivalents. The cryptocurrency market reacted swiftly, with Bitcoin gaining 2% and Ethereum up 1.8%. Early trading volumes for USD1 have surged, signaling strong investor interest in this new digital asset.1

The Indian rupee fell 13 paise to 85.74 against the US dollar, ending a seven-session winning streak. Increased demand for the greenback and global risk aversion contributed to the decline. However, positive domestic equities and foreign fund inflows helped limit further losses in the currency market.2

The S&P 500 rose over 2%, with the Nasdaq achieving its best performance since November. Optimism grew as inflation data appeared favorable for Federal Reserve policy. Despite Friday's gains, all major indices posted weekly losses, reflecting persistent caution among investors amid ongoing tariff and economic uncertainties.3