Demex Daily #197: Trump to Address Nashville Bitcoin Conference After Assassination Attempt

What’s Interesting Today:

Despite a recent assassination attempt in Pennsylvania, former President Donald Trump is scheduled to give a speech at a major Bitcoin conference in Nashville. The event, anticipated to attract around 20,000 attendees, will see increased security measures. BTC Inc.'s CEO David Bailey confirmed Trump's commitment and discussed the enhanced security plans. The conference will also feature other notable speakers including Senator Cynthia Lummis and former presidential candidate Vivek Ramaswamy. Recently, Trump has shown support for cryptocurrencies, accepting donations in crypto and supporting Bitcoin mining initiatives.

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Usual Protocol has launched the public mainnet of its real-world asset-backed stablecoin, USD0, which became publicly available on July 10. Since the launch, USD0's market capitalization has increased by over 20% to $90.4 million, entering the top 25 largest stablecoins. The stablecoin, which is backed 1:1 by assets like U.S. Treasury Bills, is part of Usual's "Pills" incentives campaign. This campaign allows users to earn Pills—points that will convert into the protocol’s native token, USUAL, during the upcoming token generation event. This event will distribute 7.5% of USUAL's total supply to users based on the Pills they accumulate by providing liquidity or increasing the total value locked (TVL) through USD0.