The "stablecoin of the American presidential family" is quietly rising.

The DeFi project WLFI, led by the Trump family, has launched the stablecoin USD1, which has been deployed on the Ethereum, BNB Chain, and Tron blockchains within just a month, connecting to over 10 protocols, and its market value has surpassed 2.1 billion USD, making it the fifth largest stablecoin by market capitalization globally.

USD1 is 100% backed by U.S. short-term Treasury bonds and cash assets, with BitGo as the custodian, and it is operated by Eric Trump, the son of Donald Trump, with support from a $75 million investment from Sun Yuchen.

What has sparked even more discussion is that the Abu Dhabi investment institution MGX completed a $2 billion investment in Binance through USD1, a partnership that has been personally confirmed by Zhao Changpeng.

On-chain data shows that DWF Labs provided liquidity for USD1 and subscribed to $25 million in WLFI tokens, while several leading DeFi protocols quickly integrated, including Venus, Meson Finance, Lista DAO, Pyth Network, and centralized exchanges HTX and MEXC have also listed the USD1/USDT trading pair.

Moreover, USD1 has entered the Web3 commercial consumption scene, supporting platforms such as Umy (global hotel booking), TokenPocket, HOT Wallet, and Pundi X, and has already launched a wallet user airdrop test governance proposal, with a voting support rate as high as 99.96%.

USD1 is positioned as a “digital dollar” serving institutions and sovereign funds, with a focus on three core applications: cross-border payments, DeFi settlements, and off-chain consumption.

As WLFI announces its push for integration with traditional POS systems, this “presidential family coin” is rapidly becoming a variable in the stablecoin landscape.