$USDC The USD1 stablecoin, issued by Trump-affiliated financial entity World Liberty Financial Inc. (WLFI), has experienced a meteoric rise in market capitalization, surging from just $128 million on April 27 to over $2.1 billion by early May.

This represents a 1,540% increase in less than a week, positioning USD1 as the seventh-largest stablecoin in the global market.