Trump-Linked USD1 Stablecoin Sees $2.12 Billion Market Cap on BNB Chain.

By: tronweekly|2025/05/10 00:15:05
0
Share
copy
The Trump-related stablecoin USD1 by World Liberty Finance has risen from a $130 million market cap to $2.12 billion since late Apr 2025.USD1’s rapid growth has put it at the second-largest stablecoin on the BNB Chain and has had a major impact on the chain’s stablecoin market.The crypto community is following USD 1’s uptrend with anticipation, political branding and speculations about its recognition notwithstanding questions regarding its long-term stability.There is a new stablecoin called USD1 that has seen an explosive rise in value. It was developed by World Liberty Finance and connected to the U.S. President, Donald Trump.USD1’s market capitalization has skyrocketed from $130 million to more than $2.12 billion in a matter of weeks, since late April 2025, according to a post by CryptoRank.io on X. This drastic surge has put USD1 up there as one of the top stablecoins by market cap on the Binance Smart Chain.USD1’s Stablecoin Growth Affiliated with Political BrandingStablecoins refer to digital currencies that are pegged to a fixed value, commonly the US dollar. The stablecoin, USD1, seems to have become very popular quickly not only because of its backing but likely of its political branding and association with Trump’s name, which has attracted speculators and supporters alike.As of May 9th, 2025, $2.11 billion of USD1 has been issued on the BNB Chain. This abundant stock of USD1 effectively contributed toward the rise of the total stablecoin market cap on BNB Chain to approximately $10 billion. This is important because it demonstrates how much power one new fiat-pegged crypto asset can instill in a major blockchain ecosystem within a very short period.USDT Still Dominates Despite USD1’s SurgeA graphic in the CryptoRank.io post shows that Tether (USDT) still dominates this market in the BNB Chain with a $5.18bn market cap. Then comes USD Coin (USDC) at $889 million, USDX at $485 million, Binance USD (BUSD) at $259 million, and now USD1 in second place at $2.11 billion.Source: X @CryptoRank_ioThere are also others, such as USDF and FDUSD, which also emerge on the list, though the amounts of their market cap are significantly smaller, around $36 million to $125 million.Related Reading | JasmyCoin (JASMY) Retests Resistance, $0.025 Price Target in Sight

-- Price

--

You may also like

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com