Trump Family Backed USD1 Stablecoin Supply Surges to $2.89B Post Binance Boost

The USD1 stablecoin supply, linked to the Trump family’s growing crypto ventures, saw a significant rise in market capitalization by $150 million on Wednesday. This upsurge followed Binance, one of the largest cryptocurrency exchanges in the world, launching a new yield program to increase the presence of USD1 in the market. Through this program, the USD1 stablecoin currently has a market cap of $2.89 billion, becoming the seventh-largest stablecoin in the world.

USD1 Stablecoin Market Cap Soars After Binance Announcement

On Wednesday, Binance launched its “booster program” focused on the USD1 stablecoin, leading to an increase in market capitalization by $150 million. The value of the stablecoin rose by 2.74 billion to 2.89 billion in one day, showing the rising significance of USD1 in the digital asset space. The yield program of Binance provides up to 20% annual percentage rate (APR) on USD1 flexible products for deposits exceeding $50,000 USD, and the promotion is open until January 23, 2026.

Binance stated in its announcement that rewards of the participants in the booster program will be paid to their earn accounts every day. This move is in line with a bigger drive to ensure USD1 holders can maximize their reward and capitalize on passive yield opportunities. “The first promotion is designed to help USD1 holders maximize their rewards,” stated Binance in their announcement about the program.

USD1 Stablecoin Expands its Ecosystem on Binance

Binance’s integration of USD1 into its platform continues to grow, with significant moves in recent months. On December 11, Binance expanded even more support to USD1, introducing fee-free trading pairs in major cryptocurrencies and converting all collateralized assets backing Binance USD (BUSD) to USD1 in a 1:1 ratio. This is a significant milestone in Binance’s efforts to solidify USD1 further in the market.

In May 2025, USD1 was used to facilitate a $2 billion investment from MGX into Binance Exchange, announced by Eric Trump at the Token2049 conference in Dubai. The transaction also consolidated the position of USD 1 in the growing cryptocurrency ecosystem.

USD1’s Rapid Growth: Seventh-Largest Stablecoin

As a result of Binance’s growing support, USD1 has become the seventh-largest stablecoin in market capitalization. The stablecoin is now trailing PayPal USD (PYUSD), reflecting the increasing adoption and prominence of the token in the crypto industry.

The Binance and Trump family-backed USD1 partnership continues to raise questions, especially about the relationship between Binance and World Liberty Financial Inc. (WLFI). In July 2025, a report by Bloomberg expressed concern over the role of Binance in the development of USD1, indicating that the exchange contributed to the coding of the stablecoin. Nevertheless, the founder of Binance, Changpeng Zhao, dismissed these claims, even hinting at potential legal action for defamation.

Legal Concerns and Controversies Surround USD1 Stablecoin

In addition to the ongoing developments with Binance, lawmakers have also raised questions about the Trump family’s involvement in the stablecoin. In October, Senator Chris Murphy of Connecticut raised questions over Binance. US that is promoting Trump-linked crypto products. This controversy came after the pardon of the founder of Binance by Donald Trump in the same month.

Notwithstanding the legal and political issues, the introduction of the yield program has definitely improved the position of the USD1 and given it new momentum in the market. “Binance has launched a series of products to grow USD1 within its ecosystem,” said a spokesperson from Binance. The future of USD1 is more and more tied to Binance’s continued support and the Trump family’s growing ventures in the crypto space. 

Final Thoughts: 

To conclude, the Trump-backed USD1 stablecoin supply has experienced a significant increase, gaining 150 million in market capitalization after the Binance yield program was announced. As of press time, WLFI is at $0.1320 with a market cap of $3.53B. USD1 also has a market cap of $2.89 billion, solidifying its position as one of the largest stablecoins in the world. With USD1 becoming increasingly integrated in the Binance ecosystem, the future of the stablecoin remains bright even though certain legal and political issues persist.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.