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The Trump family's encrypted project WLFI stablecoin has a market value of 127.8 million USD, and over 113 million have been issued on the BNB chain

The Trump family's encrypted project WLFI stablecoin has a market value of 127.8 million USD, and over 113 million have been issued on the BNB chain

Bitget2025/04/16 14:22

According to Coinmarketcap and BscScan data, 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 circulation. The current total market value of USD1 is close to 127.8 million, with a 24-hour trading volume of nearly $100 million, and the combined TVL of BNB chain and Ethereum exceeds $30 million. USD1 is backed by short-term U.S. Treasury bonds, dollar deposits, and other cash equivalents at a ratio of 1:1 with the US dollar, aiming to provide sovereign investors and institutions with safe and efficient cross-border transaction tools.
In addition, USD1 recently opened a liquidity pool on Pancakeswap; currently Pancake's USD1 liquidity pool exceeds $19 million while Pancake V3’s TVL for USD1 stands at $10.95 million. The lending product from ListaDao’s staking protocol on BNB chain also recently launched a vault for USD1 which provides a borrowing limit of $20 million in terms of USD1.

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