Data: Trump Family's WLFI Stablecoin USD1 Market Cap Reaches 127.8 Million, Over 113 Million Issued on BNB Chain, Accounting for Nearly 90% of Current Circulation

According to data from Coinmarketcap and BscScan, as of now, the Trump family's crypto project WLFI's stablecoin USD1 has issued over 113 million USD1 on the BNB Smart Chain (BSC), accounting for nearly 90% of its circulation. The current total market cap of USD1 is close to 127.8 million, with a 24-hour trading volume of nearly 100 million dollars. The combined TVL of BNB Chain and Ethereum exceeds 30 million dollars.

Furthermore, USD1 recently opened a trading pool on Pancakeswap, with the current USD1 liquidity pool on Pancake exceeding 19 million, and Pancake V3's USD1 TVL being 10.95 million dollars. The BNB Chain staking protocol ListaDao also recently launched the USD1 Vault, offering a lending limit of 20 million dollars in USD1, allowing users to borrow USD1 using BTCB and WBNB as collateral assets.

USD1 is 100% backed by short-term U.S. Treasury bonds, U.S. dollar deposits, and other cash equivalents, pegged 1:1 to the U.S. dollar, aiming to provide sovereign investors and institutions with a secure and efficient tool for cross-border transactions.

Currently, USD1 has been included in BNB Chain's stablecoin 0 gas fee campaign, providing a smooth stablecoin transfer experience for more users. BNB Chain is committed to expanding stablecoin usage scenarios to promote large-scale crypto adoption. According to today's data from Dune, the total market capitalization of stablecoins on BNB Chain is 7.2 billion dollars.