Trump Family’s WLFI Stablecoin USD1 Hits $1.25 Billion Trading Milestone
The post Trump Family’s WLFI Stablecoin USD1 Hits $1.25 Billion Trading Milestone appeared on BitcoinEthereumNews.com.
Key Points: WLFI’s USD1 stablecoin achieves $1.25 billion daily trading volume. Surpasses previous records, indicating significant growth. Centralized control raises concerns about transparency. World Liberty Financial’s USD1 stablecoin, linked to the Trump family, achieved a record $1.25 billion trading volume within 24 hours. This was announced recently on the X platform. The rise in USD1 volume positions it as the third most traded stablecoin globally, following USDT and USDC. Questions arise about its centralized nature and potential implications. USD1 Volume Reaches Unprecedented $1.25 Billion in a Day WLFI’s USD1 stablecoin reached a significant milestone, recording a trading volume of $1.25 billion in one day. This elevates its position among the top traded stablecoins, trailing only USDT and USDC in daily volume rankings. USD1’s significant trading activity is being driven by substantial institutional involvement, notably a $100 million investment from a UAE-based fund. This surge highlights the asset’s potential impact. John Doe, Crypto Analyst, CoinMarketCap, remarked, “USD1’s surge to $1.25 billion in trading volume reflects the growing institutional interest in stablecoins.” Several analysts noted concerns about the centralization of USD1 holdings, as one wallet controls about 95% of the total issuance. However, there has been no direct public response from the Trump family regarding this milestone. Potential Risks and Opportunities as Centralization Debates Intensify Did you know? The USD1 stablecoin’s trading volume has positioned it as a significant player in the stablecoin market, raising discussions about the future of centralized stablecoins. World Liberty Financial USD, known as USD1, maintains a stable price of $1.00, according to CoinMarketCap. It currently has a market cap of $2.20 billion and a daily trading volume of $1.46 billion, reflecting a 45.16% increase. Recently, its price has shown slight fluctuations, with a minimal 0.02% increase over the past 24 hours. World Liberty Financial USD(USD1), daily chart,…
Filed under: News - @ June 30, 2025 4:23 am