USD1 increased its supply after Binance launched yield-based rewards for the stablecoin
The post USD1 increased its supply after Binance launched yield-based rewards for the stablecoin appeared on BitcoinEthereumNews.com.
USD1 increased its supply by over 45M tokens, expanding to 2.79B tokens. The stablecoin has joined the Binance ecosystem with a 20% yield product. USD1 expanded its supply in the past day, just after adding another yield product in the Binance ecosystem. The new supply entered the market just as USD1 was added to the Binance Booster program. The program is limited to 50,000 USD1 deposits and offers a 20% annualized yield. The yield is part of Binance’s usual Earn program, with a special addition of USD1. The stablecoin, minted by World Liberty Fi, will have a limited period for subscriptions, running from December 24 to January 23, 2026. USD1 is represented on Binance through the USD1/USDT pair. Additionally, Binance has suggested users can acquire the token through the P2P Express market. Existing holders can deposit the USD1 into their Binance account. Will USD1 expand its influence? USD1 already has most of its supply active on the BNB Chain, with an even higher total float of over $2.85B. The token has been added to multiple DeFi protocols, though with a much lower APY. The stablecoin is already active and can gain yield through PancakeSwap, Uniswap, and Venus Protocol. However, the addition to Binance’s official yield program will give the token more exposure. Just after the new token mint, USD1 trading volumes also grew to a one-month peak. The newly injected supply coincided with sudden investor interest, with $1.39B in daily volumes. USD1 expanded its supply by over 45M tokens, with a spike in trading activity. Over $150M in buy orders were placed on the Binance USD1/USDT pair just after announcing the 20% yield product. | Source: CoinGecko. On the USD1/USDT pair on Binance, more than $150M in buying volume emerged after the announcement. The centralized exchange also has the biggest…
Filed under: News - @ December 24, 2025 9:16 am