Elizabeth Warren Calls Out Trump-Linked Stablecoin As A National Security Risk: ‘He’s Cashing In On Foreign Crypto Deals’

Senior Democratic lawmaker Sen. Elizabeth Warren (D-Mass.) called President Donald Trump-backed stablecoin a potential threat to national security and a conduit for corruption on Tuesday.

What Happened: Warren, a known cryptocurrency critic, took to X to express her concerns about the dollar-pegged cryptocurrency USD1, currently available on Ethereum (CRYPTO: ETH) and BNB Chain (CRYPTO: BNB).

“Trump’s stablecoin is shady and a national security risk,” she said. “He’s cashing in on foreign crypto deals—and weakening guardrails that protect our advanced technology.”

Warren urged the Senate not to enable this “corruption” by passing the GENIUS Act, popularly known as the stablecoin bill, without necessary amendments.