In a marketplace where numbers march like soldiers and coins glitter as if they wore medals, USD1-the dollar-pegged stablecoin born of World Liberty Financial, a company entwined with the Trump kin-has ascended to the fifth rank in the vast army of crypto, its coffers swelling to $4.92 billion as of January 26, while PayPal’s PYUSD lingers at about $3.7 billion. A spectacle, perhaps, to flatter the crowd that worships ledgers more than truth.
USD1 Reaches a Top Five Stablecoin Position
USD1, the stablecoin issued by World Liberty Financial (WLFI), a cryptocurrency company co-founded by members of the Trump family, strides forth in the crypto arena, as if destiny itself had paused to count coins.
The stablecoin now commands a market capitalization of nearly $5 billion, leaving PayPal’s PYUSD and DAI in the shade and crowning USD1 as the fifth-largest stablecoin.
Eric Trump, son of President Donald Trump and co-founder of the company, celebrated this achievement in the manner of a herald who has mislaid his trumpet. On social media, Trump stated:
A major milestone for USD1. We are now larger than PayPal’s digital dollar (PYUSD) and growing into one of the most significant digital dollar platforms in the world. This isn’t just about crypto. It’s about building the future of global money. The shift is happening.
This expansion comes after World Liberty Financial passed a criticized proposal to invest part of the unlocked treasury holdings to support USD1’s growth.
According to DeFi^2, the vote was “rigged” by wallets owned by WLFI’s team and strategic partners to drive this growth and direct protocol revenue to the Trumps and the Witkoffs, who would be the only recipients of these funds per the WLFI Gold Paper.
He assessed:
It’s actually as crazy as it sounds: the team is forcing a vote to sell WLFI tokens at the expense of locked holders, in order to fund protocol revenue that goes only to themselves.
Nonetheless, USD1 is dwarfed by the popularity of incumbents in the stablecoin space, including Tether’s USDT and Circle’s USDC. These two options command over 82% of the $313 billion in market capitalization of the stablecoin sector, followed by USDS, an “upgraded version” of the DAI stablecoin, and USDe, issued by the Ethena protocol.
FAQ
-
What is USD1?
USD1 is a stablecoin issued by World Liberty Financial, co-founded by members of the Trump family. -
How does USD1 rank among stablecoins?
Currently, USD1 has a market capitalization of nearly $5 billion, making it the fifth-largest stablecoin. -
What recent achievement did Eric Trump highlight?
Eric Trump celebrated USD1’s growth, noting it has surpassed PayPal’s PYUSD and is shaping the future of digital money. -
What controversy surrounds USD1’s growth?
Some critics allege the vote to support USD1’s expansion was manipulated for the benefit of WLFI’s team and strategic partners.
Read More
- EUR USD PREDICTION
- GBP CNY PREDICTION
- STX PREDICTION. STX cryptocurrency
- USD MYR PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- Gold Rate Forecast
- WLD PREDICTION. WLD cryptocurrency
- NEXO PREDICTION. NEXO cryptocurrency
- EUR RUB PREDICTION
- Oh Dear, Plunge in Crypto Could Have You Pining for Traditional Acorns
2026-01-26 14:42