Trump-Backed Stablecoin USD1 Nears Coinbase Listing Milestone


Trump-Backed Stablecoin USD1 Nears Coinbase Listing Milestone
Image source: CoinToday
- USD1, the Trump-linked stablecoin, moves closer to a Coinbase listing. - A $2.4 billion supply and key investments help USD1 gain traction. On August 21, 2025, The Block reported that Coinbase might soon list USD1, a stablecoin created by the Donald Trump-affiliated World Liberty Financial. This potential listing signals a pivotal moment for its $2.4 billion market presence and marks a key step in USD1’s growing footprint within the digital asset ecosystem. USD1 has attracted substantial market attention since its inception, largely due to significant financial backing. For instance, its total supply recently climbed to $2.4 billion following a notable $205 million minting and a $2 billion investment from the Abu Dhabi-based firm MGX. In a move showcasing the stablecoin's strategic utility in high-value deals, MGX utilized USD1 for a major transaction with Binance. Donald Trump Jr. and Eric Trump spearhead World Liberty Financial, which actively champions USD1. The organization plans to integrate the stablecoin into decentralized finance (DeFi) protocols and launch a rewards program to incentivize its use in trading, staking, and other blockchain-based applications. With formidable backing and a targeted promotional push, USD1 is rapidly emerging as a standout in the stablecoin sector, which continues to experience global growth. Coinbase's addition of USD1 to its listing roadmap underscores the asset's rising prominence, a move that could lead to broader adoption through mainstream exchange access. Latest market data shows that as of August 21, USD1 is trading at $0.999, with a marginal 0.015% fluctuation.
Article Info
Category
Market
Published
2025-08-21 16:14
NFT ID
PENDING
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