Trump-Backed USD1 Skyrockets to 7th Largest Stablecoin—Wall Street Shrugs

Political clout meets crypto velocity: The USD1 stablecoin, endorsed by former President Trump, has bulldozed into the top 10 stablecoins by market cap in just weeks. No white papers, no utility—just pure brand power.

How it happened: A mix of MAGA loyalists and speculative traders piled in, bypassing the usual ’fundamentals’ like audits or use cases. Meanwhile, DeFi old-timers mutter about ’the gamification of monetary policy.’

The punchline: USD1 now trails behind giants like USDT and USDC, proving that in crypto, narrative trumps technology—until the next liquidity crisis, anyway. Bonus jab: At least it’s not another ’algorithmic stablecoin’ promising 20% yields before imploding.

In Brief

• USD1 jumped from $128 million to $2.2 billion in capitalization within eight weeks.
• This stablecoin is issued 99% on the BNB Chain, increasing its dependence on Binance.
• 90% of WLFI investors come from abroad, highlighting an expansion strategy outside the United States.

USD1 and the Stablecoin War: A Missile in the Cryptosphere

Launched in early March by World Liberty Financial,. It went, surpassing FDUSD, PYUSD, and Tether Gold. While USDT and USDC maintain their lead, USD1 is already ranked 7th worldwide. Its rise was catalyzed by the, into Binance via USD1.

The stablecoin is not just a publicity stunt: it is almostemphasizing a strategic anchoring in Binance’s crypto ecosystem. “USD1 provides what anonymous crypto projects cannot: a credible and compliant DeFi integration,” says Zach Witkoff, co-founder of WLFI.

(formerly Huobi), close to Justin Sun, was one of the, offering fee-free withdrawals. On DEXs like PancakeSwap, demand is exploding.

In this stablecoin war,: positioning strategy, media shock, and lightning-fast acceleration. It’s no longer just a token; it’s a flag.

BNB, MGX, WLFI: A Triangle of Influence and Geopolitical Rivalries

Behind USD1 lies: that of digital powers. The choice of the BNB Chain as the main vector raises questions about, especially knowing that Binance is often under regulators’ scrutiny., but the connections between WLFI, BNB, and MGX are intriguing.

On its own, MGX, a fund from Abu Dhabi, triggered a speculative wave by investing massively in USD1. WLFI, which has raised $550 million since October, attracts global capital.increased his stake to $75 million in January. And according to V1PS’ founder,: Europe, Asia, Latin America. The United States? Barely a minority.

This phenomenon reflects a globalized crypto world but in the hands of a few powers. At the, TRUMP simultaneously pushes for. He thus uses crypto not only as an economic lever but also as a diplomatic tool.

Awhere the war is fought through financial infrastructure.

USD1, a Compliant Alternative Amid Dedollarization

In a context of, USD1 stands as a bulwark against dedollarization. Backed by treasury bonds, USD cash, and liquid assets, it distinguishes itself from algorithmic models. BitGo handles custody. Audits are carried out by third parties. It is, with explicit compliance.

USD1 enters with institutional design, rigorous compliance, and real anchoring.

The stablecoin promises, notably in DeFi and cross-border transactions. Unlike others, USD1 does not play vague or anonymous. It targets serious actors: banks, funds, multinationals.

Some numbers:

• $2.2 billion capitalization reached in less than two months;
• 99% of volume issued on the BNB Chain;
• 90% of WLFI investors located outside the United States;
• $550 million raised since October by World Liberty Financial.

While Ripple, PayPal, Gemini, or Circle battle to impose their own stablecoins,. He offers a digital version of the dollar crafted for influence, intended for states, banks, and global platforms. It’s not just a stablecoin; it’s.

Donald Trump sends mixed signals to the cryptosphere. On one hand, his announcements send Bitcoin soaring, close to $100,000. On the other, he denies any link to the profits of his memecoin $TRUMP. Yet, every crypto offensive bearing his name acts as a catalyst. USD1 is no exception: in less than two months, it sparked a stablecoin war where political influence, digital rivalries, and promises of profit cannibalize each other. With Trump, even in crypto, war is a strategy.

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