Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB

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World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour.

The surge solidifies USD1’s standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol.

On-chain data shows three consecutive mints took place in rapid succession, adding hundreds of millions of dollars worth of USD1 to the BNB Chain. Combined with the existing supply on Ethereum, USD1’s total market cap now stands at over $1.02 billion.

The sudden spike in issuance follows an earlier 100 million USD1 mint just 24 hours prior, suggesting mounting demand for the stablecoin and a coordinated effort to deepen its liquidity across major networks.

Analysts believe the move could be part of a broader rollout strategy to expand USD1’s presence in DeFi protocols, cross-chain liquidity pools, and trading platforms.

USD1 is the flagship asset of World Liberty Finance, a decentralized monetary network building a parallel financial system rooted in transparency, collateral efficiency, and open access.

Unlike traditional stablecoins that depend on fiat reserves held by centralized institutions, USD1 is designed to be free from custodial risk. It is deployed natively on multiple blockchains, with WLFI aiming to make it the preferred settlement asset in permissionless financial infrastructure.

The WLFI ecosystem has steadily gained momentum by appealing to users seeking alternatives to the mainstay stablecoins, often criticized for their opacity and regulatory exposure. By contrast, WLFI promotes decentralization in its stablecoin mechanics, governance, and ecosystem design, positioning itself as a foundational layer for on-chain financial freedom.

The scale and speed of USD1’s recent expansion on BNB Chain highlight a key inflection point. With major blockchains increasingly fragmented and capital spread thin across networks, WLFI’s approach of minting directly on-chain and fostering liquidity where users are active appears to be paying off.

As stablecoin regulation looms in the US and elsewhere, decentralized alternatives like USD1 may benefit from growing institutional hesitation around centralized issuers.

Whether this momentum translates into lasting market share will depend on WLFI’s ability to scale responsibly while maintaining the principles that have driven early adoption.

For now, the billion-dollar milestone marks not only a technical achievement but a signal that demand for decentralized monetary assets is accelerating.

The post Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB appeared first on CryptoSlate.

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