Sunday, November 23, 2025
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Blockchain

Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB

by DigestWire member
April 29, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour.

The surge solidifies USD1’s standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol.

On-chain data shows three consecutive mints took place in rapid succession, adding hundreds of millions of dollars worth of USD1 to the BNB Chain. Combined with the existing supply on Ethereum, USD1’s total market cap now stands at over $1.02 billion.

The sudden spike in issuance follows an earlier 100 million USD1 mint just 24 hours prior, suggesting mounting demand for the stablecoin and a coordinated effort to deepen its liquidity across major networks.

Analysts believe the move could be part of a broader rollout strategy to expand USD1’s presence in DeFi protocols, cross-chain liquidity pools, and trading platforms.

USD1 is the flagship asset of World Liberty Finance, a decentralized monetary network building a parallel financial system rooted in transparency, collateral efficiency, and open access.

Unlike traditional stablecoins that depend on fiat reserves held by centralized institutions, USD1 is designed to be free from custodial risk. It is deployed natively on multiple blockchains, with WLFI aiming to make it the preferred settlement asset in permissionless financial infrastructure.

The WLFI ecosystem has steadily gained momentum by appealing to users seeking alternatives to the mainstay stablecoins, often criticized for their opacity and regulatory exposure. By contrast, WLFI promotes decentralization in its stablecoin mechanics, governance, and ecosystem design, positioning itself as a foundational layer for on-chain financial freedom.

The scale and speed of USD1’s recent expansion on BNB Chain highlight a key inflection point. With major blockchains increasingly fragmented and capital spread thin across networks, WLFI’s approach of minting directly on-chain and fostering liquidity where users are active appears to be paying off.

As stablecoin regulation looms in the US and elsewhere, decentralized alternatives like USD1 may benefit from growing institutional hesitation around centralized issuers.

Whether this momentum translates into lasting market share will depend on WLFI’s ability to scale responsibly while maintaining the principles that have driven early adoption.

For now, the billion-dollar milestone marks not only a technical achievement but a signal that demand for decentralized monetary assets is accelerating.

The post Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB appeared first on CryptoSlate.

Read Entire Article
Tags: BlockchainCoin SurgesCryptoslate
Share30Tweet19
Next Post

Crypto Analyst Shatters XRP Price Bullishness, Predicts Massive Crash To This Support Level

Bunq, Europe’s second-largest neobank, expands into crypto

Bunq, Europe’s second-largest neobank, expands into crypto

Terrence Howard Says He Didn’t Play Marvin Gaye Because He Refused To Kiss A Man

Terrence Howard Says He Didn't Play Marvin Gaye Because He Refused To Kiss A Man

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

Reeves vows to ‘grip the cost of living’ – despite expectation of tax rises in budget

Top Crypto Under $1, Analysts Predict a 12x to 15x Increase for Mutuum Finance (MUTM)

Are Smart Contracts Legally Enforceable?

Bitcoin ATM firm explores $100M sale following CEO’s federal indictment

Solana May Reach $500, But Analysts Say Ozak AI’s 100x Path Is More Realistic

Campher resists with half-century; Bangladesh two wickets away from win

Trending

Bill Belichick’s Girlfriend Jordon Hudson Defiantly Wears Snakeskin to Game
Entertainment

Bill Belichick’s Girlfriend Jordon Hudson Defiantly Wears Snakeskin to Game

by DigestWire member
November 23, 2025
0

Jordon Hudson once again raised eyebrows as her boyfriend Bill Belichick coached the North Carolina Tar Heels...

Tatiana Schlossberg’s Brother Jack Breaks Silence On Sister’s Terminal Cancer

Tatiana Schlossberg’s Brother Jack Breaks Silence On Sister’s Terminal Cancer

November 23, 2025
John Arcilla, Loisa Andalio Billiards Drama ‘Bilyarista,’ Featuring Pool Legends Efren Reyes, Django Bustamante, Makes World Premiere at International Film Festival of India

John Arcilla, Loisa Andalio Billiards Drama ‘Bilyarista,’ Featuring Pool Legends Efren Reyes, Django Bustamante, Makes World Premiere at International Film Festival of India

November 23, 2025
Reeves vows to ‘grip the cost of living’ – despite expectation of tax rises in budget

Reeves vows to ‘grip the cost of living’ – despite expectation of tax rises in budget

November 23, 2025
Top Crypto Under $1, Analysts Predict a 12x to 15x Increase for Mutuum Finance (MUTM)

Top Crypto Under $1, Analysts Predict a 12x to 15x Increase for Mutuum Finance (MUTM)

November 23, 2025
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • Bill Belichick’s Girlfriend Jordon Hudson Defiantly Wears Snakeskin to Game November 23, 2025
  • Tatiana Schlossberg’s Brother Jack Breaks Silence On Sister’s Terminal Cancer November 23, 2025
  • John Arcilla, Loisa Andalio Billiards Drama ‘Bilyarista,’ Featuring Pool Legends Efren Reyes, Django Bustamante, Makes World Premiere at International Film Festival of India November 23, 2025

Categories

  • Blockchain
  • Blog
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Founders
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.