World Liberty Financial's USD1 Stablecoin Surges 1540% to $2 Billion Market Cap

World Liberty Financial (WLFI)’s USD1 stablecoin has achieved a significant milestone, surpassing a $2 billion market capitalization. This development comes at a time when the stablecoin sector is experiencing substantial growth, with experts predicting it could reach $2 trillion in the coming years.

WLFI co-founder Zach Witkoff announced the achievement on X (formerly Twitter), stating, “Proud to announce that @worldlibertyfi USD1 stablecoin has officially crossed $2 billion in market cap. Proud of the team, onwards!” This rapid growth is evident from data showing that on April 28, USD1’s market cap was $128 million, which surged to $1 billion by the next day. By April 30, the market cap had doubled to $2.1 billion, positioning USD1 as the 57th largest cryptocurrency and the 7th largest stablecoin.

This surge has also solidified USD1’s standing on the Binance Smart Chain, where it now ranks as the second-largest stablecoin. The ascent positions it as one of the fastest-growing decentralized stablecoins in the market since its launch in late March. Data from Dune’s blockchain analytics platform indicates that a series of minting events in the last week of April catalyzed the stablecoin’s market cap increase to over $2 billion. These minting activities align with WLFI’s strategic efforts to expand the token’s circulation. Earlier this month, the DeFi project proposed a USD1 airdrop to early supporters, intended to test the on-chain distribution system, reward adopters, and enhance visibility ahead of a full-scale deployment.

Despite the scrutiny due to President Donald Trump’s involvement, raising concerns among lawmakers about potential conflicts of interest, USD1’s market performance indicates strong investor confidence. The stablecoin’s rapid growth suggests it may continue to play a significant role in the digital asset market. However, its future will likely depend on both market dynamics and regulatory developments.