Coinbase adds the USD1 stablecoin from World Liberty backed by Trump
15:15 ▪ 5 min read
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Stablecoin
Stablecoins are gaining new momentum in the United States as clearer oversight is established. World Liberty Financial, a DeFi project supported by President Donald Trump, has added its USD1 stablecoin to Coinbase. The inclusion places the token alongside other widely traded digital assets on one of the most used cryptocurrency platforms.
In summary
USD1, the stablecoin from the DeFi project backed by Trump, World Liberty, is now listed on Coinbase.
World Liberty issued an additional 205 million USD1, bringing the total circulation to around 2.4 billion dollars.
USD1 goes live on Coinbase
Coinbase announced on X on Thursday that World Liberty Financial USD, USD1, is live on its platform, including apps for iOS and Android. The company claims users can buy, sell, convert, send, receive, or hold the asset within its ecosystem.
The exchange indicated that it will add support for USD1 on the Ethereum network as an ERC-20 token and warned users not to send it over other networks, as doing so could result in permanent loss of funds.
