A stablecoin associated with former President Donald Trump is experiencing significant instability and fluctuations in its value, causing concern among investors and market analysts. This development comes as the WLFI, a news organization, reports that the cryptocurrency is facing what they describe as a "coordinated attack" from various external sources, suggesting a deliberate effort to undermine its stability and market confidence. As a result, stakeholders are closely monitoring the situation, trying to assess the potential implications for the broader cryptocurrency market and the future of this particular digital asset.
source: https://www.coindesk.com/markets/2026/02/23/trump-linked-stablecoin-wobbles-as-wlfi-says-it-s-under-coordinated-attack