Following the statements of Federal Reserve member Christopher Waller and World Liberty Financial issuing USD1 (USD1-USD1) coins worth $205 million, the market cap of Trump's stablecoin rises to $2.4 billion, advancing to the 6th position globally.
The Trump family's stablecoin project, World Liberty Financial, achieved a new milestone after issuing $205 million worth of USD1 (USD1) coins for its treasury yesterday Thursday, raising its supply value to $2.4 billion.
This significant rise -the first since April- comes just hours after Federal Reserve Chair Christopher Waller's speech, in which he expressed support for stablecoins, raising speculation about whether central bank signals are driving the growth of private cryptocurrencies.
The rise in market cap for Trump's stablecoin follows Federal Reserve Chair Waller's pro-crypto speech.
In a post on platform X, the World Liberty Financial project announced the issuance of these coins, indicating that the USD1 (USD1) coin is 'the fastest-growing stablecoin of all time,' and confirming that it is fully backed by the U.S. dollar (USD) and Treasury bonds.
We just minted $205,000,000 of USD1 for the WLFI Treasury
The fastest-growing stablecoin of all time continues to scale. Backed 1:1 by USD and U.S. Treasuries. Transparent. Reliable. Built for the future of global finance.
$USD1 | $WLFI
— WLFI (@worldlibertyfi) August 20, 2025
Since its launch in April, this coin has achieved rapid growth to become the sixth-largest stablecoin in the world according to CoinGecko data, preceded by leading stablecoins, such as Tether (Tether-USDT), which contributes the largest share in the sector at 60% with a market cap of $167 billion, and USD Coin (USD Coin-USDC) by Circle with 24% and a market cap of $67.4 billion.
The timing of the project’s coin issuance has sparked significant interest following Waller's remarks at the annual blockchain forum in Wyoming last Wednesday. In one of the most pro-stablecoin speeches by a sitting Federal Reserve governor, Waller stated that 'there are no concerns' regarding digital payments and decentralized finance.
Christopher Waller, Member of the Federal Reserve Board of Governors of the United States, says that distributed ledger is a technology. According to him, the Fed is looking at how they can use smart contracts in the payment system in the United States. The signal is super strong that… pic.twitter.com/Jm9XKHe0jc
— Sergii Gerasymovych (@SergiiGera) August 20, 2025
Waller noted that stablecoins and blockchain transactions operate on the same principle as bank card payments, and praised the recently passed GENIUS Act, indicating it represents an 'important step' towards large-scale adoption.
Waller's statements come after major political shifts indicating that the Federal Reserve is adopting a less strict approach. In April, the central bank withdrew its 2022 guidance urging banks not to engage in stablecoin activities.
Last week, the central bank also canceled its cryptocurrency monitoring program, while Vice President Michelle Bowman suggested allowing Federal Reserve employees to hold small amounts of cryptocurrencies to better understand this technology.
Given that Waller is now one of the leading candidates to succeed Jerome Powell as Federal Reserve Chair when his term ends in 2026, his pro-crypto views may gain increasing importance in shaping U.S. monetary policy.
The market cap of stablecoins -currently at $280 billion- is likely to rise to trillions of dollars. This week, Goldman Sachs (NYSE:GS) estimated that the adoption of stablecoins could attract 'trillions of dollars' into digital finance, noting that the $7 trillion transaction volume in the last quarter suggests significant shifts in the financial system.
The U.S. Treasury Department also estimated that the market cap of stablecoins could reach $2 trillion by 2028, noting that the presence of a clear regulatory framework will enhance demand for Treasury bonds. This development may explain the increasing interest in the USD1 (USD1) coin of the World Liberty Financial project, as unlike most stablecoins targeting decentralized finance (DeFi), this Trump coin claims to provide a tool for sovereign transactions and institutional treasuries.
Prominent cryptocurrency analyst VirtualBacon indicated that the market cap of the USD1 (USD1) coin supply could rise to $100 billion if it successfully contributes -even at a low percentage- to the large market for U.S. Treasury bonds, noting that this coin is 'suitable for family offices in the Middle East and sovereign wealth funds.'
WLFI’s USD1 stablecoin could become the #3 stable by maturity. Unlike DeFi-focused stables, it’s targeting treasuries, sovereign deals, and Middle Eastern family offices.
Going from $2B to $100B supply is realistic when the Treasury market is trillions. That’s the opportunity. pic.twitter.com/uLxzu02kku
— VirtualBacon (@VirtualBacon0x) August 20, 2025
On the other hand, the rise in market cap for the USD1 (USD1) coin also comes amid a significant growth wave for stablecoins in general, while one report mentions that July saw growth in this market for the twenty-second consecutive month, with the total value of these coins rising to $261 billion.
The World Liberty project intends to launch a treasury company in conjunction with the increasing adoption of the World Liberty Financial (World Liberty Financial-WLFI) and USD1 (USD1) coins.
Trump family's main project in the digital currency sector, World Liberty Financial, aims to raise $1.5 billion to launch a public treasury company for the project's World Liberty Financial coin, along with other cash reserves.
Investor documents show that Eric Trump and Donald Trump Jr. are likely to be members of the board of directors. If this company launches, it will contribute to increasing the Trump family's involvement in the digital asset sector.
The World Liberty project -launched last fall- introduced the World Liberty Financial coin and the stable USD1 (USD1) coin; it is said that their sales value reached $550 million. According to the Nansen platform, recent data indicates that the project has $548 million in its treasury, and that the USD1 coin is its largest digital asset at $212 million, approximately 39% of total holdings.
Moreover, the project's investment portfolio includes $85 million worth of Tether on the Aave protocol of Ethereum (Aave Ethereum USDT-AETHUSDT), along with 19,650 Ethereum (Ethereum-ETH) coins worth $85 million. The project is also continuously purchasing ETH coins, having bought $1 million worth of this coin on July 29, adding 256.75 coins to its treasury at an average price of $3,895. A week earlier, the project purchased coins worth $2 million, in addition to swapping $13 million for 3,473 Ethereum (Ethereum) coins at the beginning of the same month. Since May, the project's platform has purchased 77,226 Ethereum (Ethereum) coins worth approximately $296 million, with unrealized profits of $41.7 million.
The project is also currently working on developing its roadmap for decentralized finance. Updates published in June indicated the activation of the bridge feature for the USD1 (USD1) stablecoin, with swap and lending features set to be 'launched soon,' alongside a dedicated application.
We’re proud to back Falcon Finance with a $10M investment. USD1 is the fastest growing fiat-backed stablecoin—and now it’s live as collateral on Falcon. Together, we’re setting a new on-chain standard for the dollar.
Let’s build.https://t.co/2Zout8PmGF
— WLFI (@worldlibertyfi) July 31, 2025
On June 31, World Liberty announced a $10 million investment in Falcon Finance, indicating it provides the first comprehensive collateral system for liquidity and returns on the blockchain. The USD1 (USD1) coin can now be used as collateral on the Falcon platform, enhancing its position in the continuously growing stablecoin market.
