Trump-Linked USD1 Stablecoin Soars to $2.12B Market Cap on Binance’s BNB Chain

The USD1 stablecoin, linked to former U.S. President Donald Trump and issued by World Liberty Finance, has seen explosive growth since late April 2025. Its market capitalization skyrocketed from $130 million to $2.12 billion in just weeks, making it the second-largest stablecoin on BNB Chain. This rapid expansion has significantly influenced BNB Chain’s stablecoin ecosystem and attracted considerable attention from the crypto community and regulators alike.

Trump-Linked USD1 Stablecoin Surges to $2.12B Market Cap on BNB Chain

The USD1 stablecoin, associated with former U.S. President Donald TRUMP and issued by World Liberty Finance, has experienced meteoric growth since late April 2025. Its market capitalization ballooned from $130 million to $2.12 billion in weeks, securing its position as the second-largest stablecoin on BNB Chain.

This rapid ascent has significantly impacted BNB Chain’s stablecoin ecosystem, drawing intense scrutiny from the crypto community. While political branding and speculative interest fuel its rise, questions persist about the asset’s long-term stability mechanisms.

The stablecoin’s unprecedented growth trajectory represents one of the most dramatic ascents in crypto markets this year, demonstrating how political narratives can drive digital asset adoption despite unresolved technical considerations.

Democratic Senators Call for Report on Binance’s Role in Trump Family’s Crypto Deals

Democratic senators have escalated scrutiny over Binance’s alleged ties to the Trump family, citing potential conflicts of interest in a $2 billion investment involving the WLFI stablecoin. A May 9, 2025 letter to the DOJ and Treasury demands clarity on how these connections might shape crypto regulation.

Elizabeth Warren and Chris Van Hollen lead the inquiry, emphasizing Binance’s compliance risks as a parallel stablecoin bill stalls in Congress. The move reflects growing political tensions around cryptocurrency oversight amid high-profile financial entanglements.