Tron (TRX) Ecosystem Expands as Trump-Backed World Liberty Financial Prepares USD1 Stablecoin Audit and Mobile App Launch

World Liberty Financial, a cryptocurrency firm associated with former U.S. President Donald Trump, is set to release its first audit for the USD1 stablecoin and launch a new retail-focused mobile app. Co-founder Zak Folkman announced these developments during an interview at the Permissionless conference, highlighting the company's commitment to transparency and accessibility in the $2.2 billion market cap project. The upcoming audit aims to bolster confidence in the stablecoin's peg to the U.S. dollar, while the mobile app is designed to simplify crypto transactions for retail users. These moves could potentially influence the broader cryptocurrency market, including projects like Tron (TRX), by setting new standards for stablecoin reliability and user engagement. As the crypto industry continues to evolve, such initiatives may pave the way for increased adoption and integration of digital assets into mainstream finance.

Trump-Backed World Liberty Financial Prepares USD1 Stablecoin Audit and Mobile App Launch

World Liberty Financial, the crypto firm linked to former President Donald Trump, is gearing up to release its first audit for the USD1 stablecoin alongside a new retail-focused mobile app. Co-founder Zak Folkman revealed the developments during an interview at the Permissionless conference, signaling a push for transparency and accessibility in the $2.2 billion market cap project.

The imminent audit will detail reserves backing USD1—a mix of U.S. dollar deposits, cash equivalents, and Treasuries. BitGo serves as custodian for the stablecoin, which operates across Ethereum, BNB Chain, and TRON networks. Monthly reserve reports will follow, reinforcing WLF's commitment to financial clarity.

Retail investors stand to benefit most from the forthcoming app, designed to simplify crypto interactions. Folkman teased potential tradability for WLFI, the platform's governance token, hinting at undisclosed developments that could emerge within weeks. Currently, WLFI remains a non-tradable voting instrument despite its role in funneling hundreds of millions to Trump-affiliated ventures.

Tron Overtakes Ethereum in USDT Dominance with $80B Stablecoin Supply

Tron has emerged as the leading blockchain for Tether (USDT) circulation, surpassing ethereum with a record $80 billion in supply as of June 2025. The milestone marks a seismic shift in stablecoin utility, dethroning Ethereum after its three-year reign.

Tron's ascent traces back to 2020 when it held just $6.7 billion in USDT. The network achieved explosive 487% growth by 2021, reaching $39.4 billion. This year alone, it added $20 billion to its stablecoin reserves—outpacing Ethereum's $72.5 billion supply since November 2024.

The victory stems from Tron's technical advantages: near-instant settlement and negligible fees compared to Ethereum's congested network. While Ethereum maintains dominance in DeFi ecosystems, Tron has become the preferred rail for high-volume transactions, remittances, and exchange settlements.

Tron USDT Supply Hits $80B, TRX Price Eyes Upside

The TRON blockchain has achieved a significant milestone in 2025, with the total supply of Tether's USDT on the network surpassing $80 billion. This record-high figure solidifies Tron's dominance in the stablecoin sector. The recent $2 billion in new USDT mints has not only highlighted Tron's infrastructure but also sparked renewed interest in TRX, the network's native token.

Tron now holds more USDT than any other blockchain, including Ethereum, Solana, and Aptos. With $80 billion in USDT supply, tron more than doubles PayPal's $39.2 billion in disclosed customer funds, showcasing the growing preference for blockchain-based stablecoin transactions.

The demand for high-liquidity, low-cost transfers is evident in Tether's recent $1 billion mints on the Tron blockchain. As traditional finance struggles with rising fees and settlement delays, Tron emerges as a compelling alternative for individuals and institutions alike.

Tron's low fees and fast transaction speeds are key drivers behind the explosive growth of USDT on its network. Sending USDT on Tron costs a fraction of a cent, a stark contrast to Ethereum's $10+ fees during peak congestion.