
{"id":131630,"date":"2026-02-02T11:22:51","date_gmt":"2026-02-02T11:22:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131630"},"modified":"2026-02-02T11:22:51","modified_gmt":"2026-02-02T11:22:51","slug":"trumps-usd1-stablecoin-hits-5b-market-cap-as-meme-coins-collapse","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131630","title":{"rendered":"Trump\u2019s USD1 Stablecoin Hits $5B Market Cap as Meme Coins Collapse"},"content":{"rendered":"<p><span>The Trump-branded stablecoin is climbing fast even as meme tokens tied to his name keep losing ground. <\/span><span>World Liberty Financial\u2019s\u00a0 USD1, a dollar-pegged token linked to US President Donald Trump\u2019s family crossed a $5 billion market cap last week.\u00a0<\/span><\/p>\n<p><span>That puts it among the five largest stablecoins, according to live data, while the broader crypto market deals with a sharp sell-off in speculative coins. <\/span><span>CoinGecko <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/usd1-wlfi\" target=\"_blank\" rel=\"noopener\"><span>data<\/span><\/a><span> show USD1 trading close to its $1 target, with about $2.6Bn in volume and a market cap near $5.0Bn on Saturday.\u00a0<\/span><\/p>\n<p><span>Importantly, a Wall Street Journal investigation has<a href=\"https:\/\/www.wsj.com\/politics\/policy\/spy-sheikh-secret-stake-trump-crypto-tahnoon-ea4d97e8\" target=\"_blank\" rel=\"noopener\">\u00a0 revealed that a secret deal<\/a> signed in January 2025 gave an entity backed by UAE Sheikh Tahnoon bin Zayed Al Nahyan 49% stake in the Trump family\u2019s crypto project. \u201cThe deal with World Liberty Financial, which hasn\u2019t previously been reported, was signed by Eric Trump, the president\u2019s son,\u201d WSJ said. \u201cAt least $31 million was also slated to flow to entities affiliated with the family of Steve Witkoff, a World Liberty co-founder who weeks earlier had been named U.S. envoy to the Middle East.\u201d<\/span><\/p>\n<p>DISCOVER:<a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\"> Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n<h2>Trump-Linked USD1 Stablecoin Seeks US Bank Charter for Federal Oversight<\/h2>\n<p><span>The token went live in March 2025. It was issued by the Trump-connected fintech startup. Furthermore, it was backed by cash and US money-market funds.<\/span><\/p>\n<p><span>USD1 operates across several blockchains, including Solana, and is being pitched as a tool for cross-border payments and trading.<\/span><\/p>\n<p><span>The company has also applied to open a federally supervised trust bank. That entity would manage issuance, redemption, and reserves. This would place the stablecoin\u2019s central operations under direct US oversight.<\/span><\/p>\n<p><span>WLF co-founder Donald Trump Jr. promoted USD1 on Wednesday, calling it a US-built payments asset designed for institutional-scale use.<\/span><\/p>\n<p><span>In a post on X, Trump Jr. said the project is about building infrastructure, not chasing short-term market hype.<\/span><\/p>\n<p>USD1 just reached a $5B market cap.<\/p>\n<p>Built in America, designed for real-world scale, and adopted by serious institutions.<\/p>\n<p>This is what happens when you focus on infrastructure over noise.  <a href=\"https:\/\/twitter.com\/worldlibertyfi?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@worldlibertyfi<\/a> <a href=\"https:\/\/t.co\/bdYfVxVi8J\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/bdYfVxVi8J<\/a><\/p>\n<p>\u2014 Donald Trump Jr. (@DonaldJTrumpJr) <a href=\"https:\/\/twitter.com\/DonaldJTrumpJr\/status\/2016603533320069295?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 28, 2026<\/a><\/p>\n\n<p><span>His comments came as World Liberty Financial applied to the Office of the Comptroller of the Currency for approval to set up a nationally chartered trust bank.<\/span><\/p>\n<p><span>If regulators sign off, the proposed World Liberty Trust Company would handle USD1\u2019s issuance and redemption, offer conversion services, manage custody, and hold reserves under direct federal oversight.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\"> 9+ Best Memecoin to Buy in 2026<\/a><\/p>\n<h2>How Did USD1\u2019s Binance Ties Trigger Washington Alarm?<\/h2>\n<p><span>USD1 drew broader attention earlier this year after it was used in a <\/span><a class=\"general-link\" href=\"https:\/\/www.binance.com\/en\/blog\/ecosystem\/6242106085221073480\" target=\"_blank\" rel=\"noopener\"><span>reported<\/span><\/a><span> $2Bn investment into Binance by Abu Dhabi-based sovereign wealth fund MGX. The transaction was said to be settled in USD1.<\/span><\/p>\n<p><span>The deal triggered scrutiny in Washington. Senator Elizabeth Warren raised concerns about possible conflicts of interest tied to the transaction.<\/span><\/p>\n<p><span>After MGX invested in the project and President Donald Trump granted a pardon to Binance founder Changpeng Zhao, USD1 was folded into Binance\u2019s core systems last month.<\/span><\/p>\n\n<p><span>Senator Elizabeth Warren later raised concerns with Treasury Secretary Scott Bessent and Attorney General Pam Bondi. She warned that USD1 could create national security risks.<\/span><\/p>\n<p><span>In her <\/span><a class=\"general-link\" href=\"https:\/\/www.banking.senate.gov\/imo\/media\/doc\/12152025lettertobessentandbondirepancakeswap.pdf\" target=\"_blank\" rel=\"noopener\"><span>letter<\/span><\/a><span>, Warren pointed to USD1 trading on the decentralized exchange PancakeSwap.<\/span><\/p>\n<p><span>She cited blockchain data that allegedly links about $263M in funds on the platform to North Korean laundering activity.<\/span><\/p>\n<p><span>The letter also flagged a liquidity partnership between PancakeSwap and World Liberty Financial that was set up to support USD1 trading pairs.<\/span><\/p>\n<p>DISCOVER:<a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\"> 10+ Next Crypto to 100X In 2026<\/a><\/p>\n<p class=\"p1\">\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><p>         WLF<span>\u2019s USD1, a dollar-pegged token linked to President Donald Trump\u2019s family crossed a $5Bn market cap this week.<br \/>\n<\/span>    <\/p>\n<p class=\"p1\">\n<\/p><p>         WLF <span>co-founder Donald Trump Jr. promoted USD1, calling it a US-built payments asset designed for institutional-scale use.<br \/>\n<\/span>    <\/p>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><\/div>\n<\/p><p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/trumps-usd1-stablecoin-hits-5b-market-cap-as-meme-coins-collapse\/\">Trump\u2019s USD1 Stablecoin Hits $5B Market Cap as Meme Coins Collapse<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Trump-branded stablecoin is climbing fast even as meme tokens tied to his name keep losing ground. World Liberty Financial\u2019s\u00a0 USD1, a dollar-pegged token linked to US President Donald Trump\u2019s family crossed a $5 billion market cap last week.\u00a0 That puts it among the five largest stablecoins, according to live data, while the broader crypto [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":131631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131630"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131630"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131631"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}