Donald Trump’s USD1 stablecoin, backed by World Liberty Financial (WLFI), has quickly become the seventh-largest stablecoin, according to data from CoinGecko.
Launched just two months ago, the coin has grown rapidly, surging from a market cap of $128 million to over $2 billion.
The surge was also boosted by Eric Trump’s announcement that MGX would be using USD1 for a $2 billion investment in Binance.
Most of USD1’s issuance is on Binance’s BNB Chain, with over 99% of the coin’s supply on the network and a smaller portion on Ethereum.
The coin’s market cap spiked 1,540% in late April, growing from $128 million to $2.1 billion. The rapid rise led several centralised exchanges, including HTX, to list USD1, which also offers zero-fee withdrawals on the BEP-20 network.
Reports suggest that around 90% of USD1 investors are from outside the US, particularly Europe, Asia, and Latin America.
The coin’s growth ties into Trump’s pro-stablecoin agenda, which he hopes will strengthen US leadership in digital financial technologies. In January, Trump signed an executive order to promote US leadership in digital currency.
免責事項:info@kdj.com
提供される情報は取引に関するアドバイスではありません。 kdj.com は、この記事で提供される情報に基づいて行われた投資に対して一切の責任を負いません。暗号通貨は変動性が高いため、十分な調査を行った上で慎重に投資することを強くお勧めします。
このウェブサイトで使用されているコンテンツが著作権を侵害していると思われる場合は、直ちに当社 (info@kdj.com) までご連絡ください。速やかに削除させていただきます。
