Bitcoin News Today: Coinbase Adds Trump-Backed USD1 to Listing Roadmap as Supply Hits $2.4 Billion

Coinbase, one of the largest cryptocurrency exchanges globally, has added the USD1 stablecoin issued by World Liberty Financial to its listing roadmap, signaling increased recognition of the Trump family-backed project within the crypto ecosystem [1]. While the stablecoin is not yet available for trading, its inclusion on Coinbase’s roadmap reflects the platform’s expanding stablecoin portfolio and growing interest in politically affiliated digital assets. The decision also suggests that USD1 may soon be listed on the exchange, potentially enhancing its visibility and liquidity among both institutional and retail investors.

World Liberty Financial recently reported a significant increase in USD1's supply, having minted $205 million worth of the token. This brings the total supply to $2.4 billion, a notable milestone for the stablecoin since its inception [2]. The move underscores the project's growing capitalization and operational scale, supported by major institutional and individual investors. Among these, Justin Sun has contributed $30 million, and an Abu Dhabi government-linked firm has provided $2 billion in funding. The Trump family, including Donald Trump, Eric Trump, and Donald Trump Jr., plays an active role in the project’s strategic direction and public outreach.

USD1 is designed to be pegged to the U.S. dollar and aims to improve transaction efficiency in the global payments ecosystem. The Trump administration’s recent election victory in 2024 preceded the launch of World Liberty Financial, and the stablecoin has since become a central component of the organization’s treasury strategy. The Trump family’s involvement has drawn widespread attention, with USD1 increasingly seen as a contender to more established stablecoins like USDC and EURC.

Institutional adoption of USD1 has also been on the rise. Bullish, a digital asset custodial platform, recently used USD1 in a $1.15 billion IPO, further demonstrating the token’s utility in major financial transactions [3]. The fact that USDC and EURC stablecoins are held in custody by Coinbase suggests a level of institutional trust in USD1 and highlights its potential to be integrated into broader financial infrastructure.

The inclusion of USD1 on Coinbase’s roadmap aligns with the exchange’s broader strategy to diversify its altcoin offerings and attract new stablecoin users [4]. As USD1’s supply continues to grow, the token’s inclusion in a major exchange’s listing pipeline signals a growing acceptance of stablecoins backed by high-profile political figures. However, this also raises questions about regulatory scrutiny, as the political affiliations of USD1’s backers could attract additional attention from oversight bodies. That said, the involvement of a reputable custodian like Coinbase may help mitigate some of these concerns.

USD1 currently constitutes 39% of World Liberty Financial’s treasury holdings, surpassing its Ethereum and AAVE USDT holdings. This underscores the stablecoin’s strategic importance in the organization’s financial planning. The project also plans to raise $1.5 billion through a fundraising campaign to establish a publicly traded treasury company, a strategy reminiscent of other public ventures in the crypto space.

The broader market will be closely watching how USD1’s circulation affects related assets and DeFi protocols. The Trump family’s involvement in Bitcoin mining and the project’s treasury strategy involving Ethereum and AAVE USDT may also influence the liquidity and performance of these tokens. With regulatory support from the U.S. Federal Reserve and endorsements from figures like Christopher Waller, USD1 is positioned to play a meaningful role in the evolution of stablecoin markets.

Source:

[1] The Block – [https://www.theblock.co/post/367810/trump-backed-world-liberty-stablecoin-added-to-coinbase-roadmap-possible-listing-coming](https://www.theblock.co/post/367810/trump-backed-world-liberty-stablecoin-added-to-coinbase-roadmap-possible-listing-coming)

[2] Coinspeaker – [https://www.coinspeaker.com/world-liberty-financial-mints-205m-usd1-stablecoins/](https://www.coinspeaker.com/world-liberty-financial-mints-205m-usd1-stablecoins/)

[3] Yahoo Finance – [https://finance.yahoo.com/news/bullish-takes-1-15-billion-192021585.html](https://finance.yahoo.com/news/bullish-takes-1-15-billion-192021585.html)

[4] cointurk news – [https://en.coin-turk.com/bitcoin-holds-steady-above-support-as-coinbase-expands-altcoin-offerings/](https://en.coin-turk.com/bitcoin-holds-steady-above-support-as-coinbase-expands-altcoin-offerings/)