The USD1 stablecoin, issued by World Liberty Financial and linked to the Trump family, has crossed a $5 billion market capitalization. The move places USD1 as the fifth-largest stablecoin worldwide, reflecting fast adoption, aggressive exchange support, and rising attention as U.S. political and regulatory debates intensify.
USD1 Crosses the $5 Billion Threshold
Market tracking data shows USD1 reached a $5 billion valuation in under twelve months since launch. The figure places the token ahead of several long-standing stablecoins that previously dominated mid-tier rankings.
With this move, USD1 has overtaken PayPal’s PYUSD, which currently sits near $3.75 billion in market value. CoinMarketCap rankings now place USD1 among the top 25 cryptocurrencies overall.
Despite the rapid expansion, price action has remained steady. USD1 continues trading close to its dollar peg, hovering around $1.00 with limited short-term deviation.
Political Branding Draws Wider Market Focus
USD1 has gained traction partly due to its association with former U.S. President Donald Trump through World Liberty Financial. That connection has made the token stand out in a crowded stablecoin field.
Unlike most dollar-pegged assets that avoid public figures, USD1 carries clear political branding. This approach has drawn interest from investors aligned with Trump-backed financial initiatives.
A post shared by Cointelegraph on X announced USD1’s rise to a $5 billion market cap. The update circulated widely, pushing the stablecoin further into mainstream crypto discussion.
🔥 TODAY: Trump-linked stablecoin USD1 reaches $5B market cap, ranking as the 5th largest stablecoin. pic.twitter.com/gFc9pxebPb
— Cointelegraph (@Cointelegraph) January 29, 2026
World Liberty Financial Builds Beyond Issuance
World Liberty Financial has expanded USD1’s role beyond simple transfers and settlements. Earlier this month, the firm launched a new platform known as World Liberty Markets.
The platform allows users to lend and borrow digital assets using USD1. Other supported assets include USDC, USDT, and tokenized bitcoin.
This rollout marked a shift toward broader financial services. The firm positioned USD1 as a core settlement asset within crypto lending and credit activity.
Treasury Actions and Product Plans Support Growth
World Liberty Financial also advanced proposals tied to USD1 supply management. Community governance votes approved plans to deploy treasury funds to support additional issuance.
At the same time, the company announced plans to introduce real-world asset products. These offerings are expected to use USD1 as collateral across structured financial arrangements.
Together, these steps increased circulation while widening use cases. Market participants responded with higher transaction volumes and growing on-chain activity.
Exchange Listings Add Fuel to Adoption
Major exchanges played a central role in USD1’s rapid climb. Binance added TRX/USD1 and USD1/U margin pairs in late December.
The exchange also launched a USD1 Boost Program aimed at expanding participation. Binance stated the program offers rewards of up to 20% APR on qualifying USD1 holdings.
These incentives encouraged both spot and leveraged trading. Reported 24-hour volume recently reached about $1.7 billion, signaling strong liquidity growth.
Trump Family Voices Support Publicly
Senior figures tied to World Liberty Financial publicly acknowledged USD1’s progress. Donald Trump Jr., a co-founder, shared market data confirming the stablecoin’s ranking.
In his post on X, Trump Jr. described USD1 as infrastructure-focused and built for institutional use. He noted that development remained the project’s primary focus.
USD1 just reached a $5B market cap.
Built in America, designed for real-world scale, and adopted by serious institutions.
This is what happens when you focus on infrastructure over noise. 🇺🇸🦅☝️ @worldlibertyfi pic.twitter.com/bdYfVxVi8J
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2026
Eric Trump also commented separately, celebrating the milestone. These public statements reinforced awareness and kept USD1 visible across crypto social channels.
Regulatory Spotlight Intensifies Around World Liberty
USD1’s rise comes as World Liberty Financial faces increased regulatory attention. WLTC Holdings LLC recently filed an application with the Office of the Comptroller of the Currency.
The application seeks approval to establish a national trust bank. The proposed entity would manage stablecoin issuance, custody, and conversion services.
Senator Elizabeth Warren urged the OCC to pause its review. She cited concerns tied to political connections. The OCC responded that the filing would receive standard evaluation.
DeFi Exposure Raises Additional Questions
Regulatory discussion also extended to USD1’s decentralized exchange exposure. Senator Warren raised concerns about USD1 trading on PancakeSwap.
Public reports have linked PancakeSwap to illicit fund flows in past cases. World Liberty Financial maintains a liquidity partnership supporting USD1 trading pairs.
Zach Witkoff, a World Liberty co-founder, stated the bank application supports USD1’s continued expansion. He said the stablecoin recorded faster early growth than peers.
Stablecoin Rankings Adjust as USD1 Advances
USD1’s climb has reshuffled stablecoin rankings across the market. Established leaders such as USDT and USDC remain dominant, though competition has tightened.
On-chain data shows USD1 reached its valuation with fewer holders than some rivals. Around 583,000 addresses hold USD1, compared with lower figures for PYUSD.
As election season approaches, traders continue watching political alignment, regulation, and exchange support. USD1’s entry into the global top five reflects that shifting landscape.
