Overview

• Coinbase said it will support USD1 on the Ethereum network as an ERC-20 token, with transfers enabled and trading pairs to go live in phases once sufficient liquidity is in place.
• World Liberty Financial minted $205 million of USD1 for its treasury on Aug. 20, raising total supply to about $2.4 billion and placing the token sixth among stablecoins by market value.
• Blockchain analytics firms say WLFI’s on-chain treasury holdings hit record highs after the mint, though reported totals vary by provider.
• WLFI is launching a USD1 points program to reward holding and trading initially on selected exchanges, with plans to add staking yields, DeFi integrations, and app-based features.
• Outlets report USD1 has been used in institutional settlements, including a $2 billion investment involving Binance and proceeds from Bullish Exchange’s IPO, as the Trump-family–backed issuer pushes adoption.