Trump-Linked Stablecoin USD1 Surpasses $1.25 Billion Trading Volume

USD1 Trading Volume Soars to $1.25 Billion

Donald Trump’s family-backed crypto project USD1 achieved a notable milestone, recording a $1.25 billion trading volume within 24 hours as of June 29, surpassing notable stablecoins like USDT and USDC.

This record level in trading volume propels USD1 to the third-highest stablecoin ranking globally, further showcasing the Trump family’s substantial influence in the cryptocurrency market.

Trump Family’s Crypto Influence Under Regulatory Lens

World Liberty Financial (WLFI), the architect behind USD1, has seen substantial traction, with its trading volume peaking at $1.25 billion. This development positions USD1 directly after Tether and USDC, reflecting an impressive market entry for the Trump-affiliated project. As a direct consequence, the visibility and valuation of USD1 have surged, aligning with prior predictions of a competitive market presence. Moreover, stakeholders have observed notable capital shifts, further intensifying interest among investors.

The Trump family’s formal involvement, particularly through Donald Trump and Eric Trump, highlights a substantial endorsement and promotion effort. Meanwhile, market analysts have paid close attention to

Eric Trump’s activity, especially his promotion of Ethereum alongside the WLFI project. Despite a lack of immediate public commentary from the Trumps about this trading volume peak, their ongoing support for the project continues to shape its trajectory.

“The project is seeing a lot of interest from public firms wanting to incorporate the WLFI token into their corporate treasuries.” – Zak Folkman, Co-Founder, World Liberty Financial

Historical Context, Price Data, and Expert Analysis

Did you know? World Liberty Financial’s USD1 stablecoin has followed historical patterns set by USDT and USDC, yet it benefits from unique advocacy support and alignment with regulatory frameworks.

Tether (USDT) currently trades at $1.00 with a market cap of $157.60 billion, dominating 4.77% of the market. Its 24-hour trading volume stands at $39.75 billion, slightly down by 2.19%. Over recent months, USDT’s price changes have remained marginal, reflecting general stability. (Data from CoinMarketCap)

The Coincu research team suggests that the growing trading volumes of USD1, backed by significant political figures, highlight persistent market interest and potential. The team’s analysis further anticipates that heightened regulatory scrutiny and transparency initiatives will likely unfold as USD1 and its associated projects expand visibility and market share.