Overview
- USD1 reached a market capitalization above $5 billion in under a year, ranking fifth among stablecoins, according to CoinGecko data.
- World Liberty Financial filed with the Office of the Comptroller of the Currency to form World Liberty Trust Company to handle issuance, redemptions, conversion services, custody, and reserve management.
- USD1 was integrated into Binance’s core infrastructure last month after gaining prominence through a $2 billion MGX transaction that used the token to fund a deal with the exchange.
- Senator Elizabeth Warren cited national‑security risks tied to USD1 activity on PancakeSwap, pointing to blockchain data showing $263 million in North Korea‑linked laundered funds and noting WLFI’s liquidity partnership on USD1 pairs.
- The Solana‑based TRUMP meme coin has dropped more than 93% from its peak to about $4.66, with Warren previously flagging an 80% supply concentration at the Trump Organization and an analyst claiming insiders extracted over $800 million.