USD1 by Trump's WLF is the fastest growing stablecoin.

At the top 5, USD1 overtook FDUSD and PayPal's USD.

Interestingly, of its $2.15B supply, $2B comes from an investment by MGX, an Abu Dhabi-state-backed company, into Binance, which used USD1 for the transaction.

In essence, Binance -owns- $2b of USD1, linking it closely with WLF.

There's little discussion on the implications this has for crypto.

The real challenge is to keep growing. We need to see use cases built for USD1.

Or maybe the real use case and source for growth is its connections with Trump, leading crypto businesses to adopt it for preferential treatment from the Trump admin.