Ethereum News Today: Coinbase Lists Ethereum-Based Stablecoin USD-1 Four Months After Launch

Coinbase, the largest cryptocurrency exchange in the United States, has officially listed the Ethereum-based stablecoin USD-1, four months after its mainnet launch in April 2025. USD-1, a U.S. dollar-pegged stablecoin developed by World Liberty Financial, is now fully available on the platform for trading, enabling users to buy, sell, convert, send, receive, and store the asset [1]. The stablecoin’s inclusion marks a significant milestone for both Coinbase and the broader stablecoin market, reinforcing the exchange’s commitment to expanding its stablecoin ecosystem [2].

Built on the Ethereum blockchain, USD-1 has quickly gained traction since its launch, amassing a market capitalization of $2.3 billion as of its listing [1]. The stablecoin is pegged one-to-one with the U.S. dollar, offering a reliable and regulated alternative for users seeking low-volatility exposure to digital assets. Its listing on Coinbase was made possible by the exchange’s phased rollout, which began with the USD-1/USD trading pair and has now expanded as sufficient liquidity has been established [1].

Coinbase has emphasized the importance of using the correct blockchain for USD-1 transactions, warning users to only transfer the stablecoin through the Ethereum network to avoid potential losses. The exchange provided the official contract address 0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d for USD-1, ensuring users can verify and execute transactions securely [1]. Additionally, Coinbase noted that support for USD-1 may be limited in certain jurisdictions due to regulatory considerations, highlighting the ongoing challenges of stablecoin adoption across different legal frameworks [1].

The listing of USD-1 follows a broader trend of increased stablecoin activity on Coinbase, including the recent addition of USDC on the Base network. These moves suggest the exchange is actively positioning itself as a key player in the stablecoin space, aiming to enhance user engagement through diversified digital asset offerings [1]. The inclusion of USD-1 was also announced as part of Coinbase’s official product roadmap, a strategic step indicating the platform’s long-term interest in integrating the stablecoin into its ecosystem [5].

The decision has drawn attention from notable figures in the crypto space. Eric Trump, a public figure in the United States, publicly endorsed the listing, expressing optimism about USD-1’s potential in digital finance [3]. Despite this support, the listing does not immediately enable full trading functionality, as USD-1 will only become available for trading following its official launch [6].

The broader market has been favorable for stablecoins in 2025, particularly those built on the Ethereum blockchain. Ethereum has seen strong performance, with a nearly 60% increase over the past six months, a trend attributed in part to the growing adoption of stablecoins and their role in AI-driven payments and decentralized finance (DeFi) applications [4]. With USD-1 now available on one of the largest U.S. exchanges, the stablecoin is expected to see increased usage, particularly in cross-border transactions and as a settlement asset within the DeFi space [1].

Coinbase’s decision to list USD-1 reflects its strategy to remain competitive in a rapidly evolving crypto market. The timing of the listing, less than four months after USD-1’s launch, suggests a strong alignment between the stablecoin’s growth and the exchange’s strategic goals. As stablecoins continue to play a central role in digital finance, the listing underscores Coinbase’s commitment to supporting next-generation payment infrastructure and expanding its stablecoin offerings [2].

Source:

[1] U.Today, https://u.today/coinbase-lists-ethereum-based-stablecoin-4-months-after-launch

[2] Mitrade, https://www.mitrade.com/insights/news/live-news/article-3-1056176-20250821

[3] Bitcoin.com News, https://news.bitcoin.com/eric-trump-cheers-coinbases-addition-of-usd1-to-exchange-roadmap/

[4] AInvest, https://www.ainvest.com/news/ethereum-news-today-ethereum-stablecoin-supremacy-sparks-crypto-era-2508/

[5] CryptoTicker, https://cryptoticker.io/en/coinbase-eyes-trump-linked-stablecoin-usd1/

[6] The Crypto Times, https://www.cryptotimes.io/2025/08/21/coinbase-to-list-trump-backed-usd1-stablecoin/