USD1 just reached a $5B market cap.
Built in America, designed for real-world scale, and adopted by serious institutions.
If approved, the proposed World Liberty Trust Company will handle USD1's issuance, redemption, conversion services, custody operations, and reserve management under direct federal supervision.
USD1 under scrutinyMeanwhile, the TRUMP meme coin, launched days before Trump’s second inauguration, has sharply declined. "Utility is starting to win over pure hype,” Narek Gevorgyan, founder and CEO of CoinStats, told Decrypt, regarding USD1’s growth and TRUMP token’s crash.
Gevorgyan noted that insiders extracted over $800 million from the TRUMP token before the narrative collapsed, leaving what he described as a high-risk technical trade with credibility that's "probably gone for good."
The broader stablecoin sector has grown substantially following last year's passage of the GENIUS Act, which created a federal regulatory framework for dollar-pegged cryptos.
