Coinbase to List Trump-Backed USD1 Stablecoin (Yep, You Heard That Right)

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So, it looks like Coinbase, the crypto exchange that’s basically the Netflix of buying and selling digital currency, has decided to list World Liberty Finance’s (don’t worry, we’ll get to the juicy part) stablecoin, USD1.

But, hold your horses! Don’t go throwing your coins into your Coinbase account just yet. The company was *very clear* that transfers and trading are off the table until the listing gets an official announcement. Apparently, if you deposit your assets now, you might lose everything. Poof! Just like that. 🌪️

But why the big fuss about this particular stablecoin? Well, it’s *Trump-adjacent*. Yep, that Trump. World Liberty Finance, the creator of USD1, is a DeFi project co-founded by the Trump family. And no, I’m not joking-this thing is basically stamped with his political DNA. 🇺🇸

The USD1 token runs on both Ethereum and BNB Smart Chain, and it debuted in March this year. Oh, and it’s all about that “Made-in-America” vibe. If you squint hard enough, you’ll see Trump’s face on it (okay, not literally, but you get it). In the last year, it’s *dipped* by a measly 0.22% in value. Totally not a big deal, right? 🙄

But, wait for it! The plot thickens. This month, Federal Reserve Governor Christopher Waller said, “Stablecoins could totally make the dollar a superstar internationally.” 🙌 As if on cue, World Liberty Finance minted $200 million USD1 tokens for their treasury. Now their total supply is a mind-boggling 2.4 billion tokens. The project also *casually* became the world’s fifth largest stablecoin. I mean, no biggie. Right behind Tether and USDC, naturally. 💸

But the real twist? Eric Trump (yes, son of that guy) is getting all executive-y with this project, and he’s teasing more news from World Liberty Finance. Guess it’s time to get those popcorn ready for what’s next. 🍿

As for the numbers, World Liberty’s treasury has skyrocketed to $548 million, with $212 million sitting pretty in USD1. They also hold 19,650 Ether and a bunch of Aave Ethereum USDT. Someone’s doing well. 😎

Coinbase hasn’t dropped a launch date yet, but the fact that USD1 is even on the radar? Well, it’s progress. Watch this space. 👀

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2025-08-21 20:05