Binance’s 20% USD1 Yield Promo Triggers Supply Jump and $150 Million Cap Lift

Overview

• Binance added USD1 to its Booster Earn program on Dec. 24, offering up to 20% APR through late January 2026 with a $50,000 per-user limit.
• Market data show USD1’s circulating supply rose by about 45.6 million tokens within hours as its market capitalization increased roughly $150 million to near $2.9 billion.
• USD1 maintained a near-$1 peg during the influx, trading in a tight $0.998 to $1.00 range.
• Reported 24-hour trading volume climbed above $1.39 billion during the rollout of the promotion.
• Analysts note the issuance spike reflects short-term, incentive-driven demand, following earlier Binance integrations that expanded USD1’s on-exchange utility.