Trump-Backed USD1 Stablecoin Hits $1.25 Billion 24-Hour Volume

The Trump-backed USD1 stablecoin has achieved a significant milestone, recording a 24-hour trading volume of $1.25 billion, marking a new all-time high. This surge in trading volume has propelled USD1 to become the third-largest stablecoin by 24-hour trading volume, underscoring its growing prominence in the cryptocurrency market. The stablecoin, which is backed by Donald Trump, has garnered substantial attention and support, contributing to its rapid ascent.

The record-breaking volume highlights the increasing adoption and trust in USD1 among investors and traders. The stablecoin's ability to maintain a steady value while facilitating large-scale transactions is a testament to its reliability and efficiency. This development is particularly noteworthy given the volatile nature of the cryptocurrency market, where stablecoins often serve as a safe haven for investors seeking to preserve their assets' value.

Several key developments have contributed to USD1’s surge. Notably, Abu Dhabi’s Aqua 1 Foundation injected $100 million into WLF’s governance token $WLFI, and the MGX fund reportedly used USD1 in a $2 billion investment in Binance. These strategic investments have bolstered USD1's market position and credibility. Additionally, WLF plans to audit USD1 and launch a user-friendly app, while $WLFI may soon become tradable—an indicator of deeper adoption.

USD1’s expansion hasn’t gone unnoticed. Critics, including Senate Democrats, have raised red flags over conflicts of interest, citing possible foreign influence via UAE-backed investments. In response, WLF’s upcoming stablecoin audit aims to bolster credibility; it will be published online soon. This transparency push is crucial for maintaining investor trust and regulatory compliance.

With daily volumes reaching nine figures, USD1 may soon rival top-tier stablecoins. Key developments to watch include the audit and app release, which could drive mainstream crypto adoption. If $WLFI becomes tradable, USD1’s ecosystem may see major activity. Additionally, the regulatory outlook, including Senate inquiries and potential legislation around conflict-of-interest, may shape USD1’s future. These factors will be critical in determining USD1's long-term success and its role in the evolving landscape of digital finance.