#BNBChain

BNB Chain on hosting Trump-affiliated USD1 stablecoin

Trump-linked WLFI issued $128 million USD1 stablecoins, opting for BNB chain as the primary avenue. World Liberty Financial, a company linked to U.S. President Donald Trump’s family, minted $128.07 million in tokens on April 14. According to information shared with crypto.news by BNB Chain, the decentralized blockchain ecosystem originally incubated by Binance (BNB), almost 90% of these tokens are BNB, with the rest on Ethereum (ETH).

In addition, USD1 also launched a trading pool on BNB-based PancakeSwap, which now holds $19 million in assets. Across BNB and Ethereum, USD1 now has a total value locked of $30 million, which represents third-party holdings.

In response to follow-up questions by crypto.news, BNB Chain clarified it is not affiliated with or directly involved in USD1 but acknowledged the stablecoin would benefit from BNB’s existing liquidity and infrastructure.