The USD1 stablecoin from World Liberty Financial has a market capitalization of over $1 billion on the BNB chain.
The stablecoin USD1, created by the Trump family's cryptocurrency venture World Liberty Financial (WLFI), has a market valuation of more than $1 billion on the BNB Chain, according to PANews. Hundreds of millions of dollars' worth of USD1 have been issued on the BNB Chain as a result of the currency's three rapid minting phases, according to on-chain data. With Ethereum's current supply included, the USD1 market value currently exceeds $1.02 billion. According to analysts, this expansion might be a component of a larger marketing campaign meant to increase USD1's visibility in trading platforms, cross-chain liquidity pools, and DeFi protocols.