Coinbase, one of the world’s largest crypto exchanges, has announced plans to list USD1, the Trump-linked stablecoin issued by World Liberty Finance. The exchange cautioned users not to deposit the asset until trading is officially supported, to avoid loss of funds.
USD1, co-founded by the Trump family, runs on Ethereum and BNB Smart Chain. Since launching in March, it has been branded around Donald Trump’s persona with slogans like “made-in-America.” The stablecoin has quickly climbed into the top five globally, with 2.4 billion tokens now in circulation.
Interest in USD1 surged after Federal Reserve Governor Christopher Waller praised stablecoins’ role in bolstering the U.S. dollar’s international position. Hours later, World Liberty minted $200 million more tokens for its treasury. While Tether and USDC still dominate with 60% and 24% market shares, USD1 is positioning itself as a politically symbolic competitor, bolstered by Coinbase’s forthcoming listing.
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