USD1 Stablecoin Boasts Growing Market Traction on BNB Chain

The USD1 stablecoin, issued by WLFI and associated with the Trump family, is experiencing significant adoption on BNB Chain. With over 113 million tokens in circulation, accounting for nearly 90% of its total supply, it boasts a market cap of approximately $127.8 million. This circulating supply has fueled substantial trading activity, with a 24-hour trading volume close to $100 million. Additionally, the combined TVL on BNB Chain and Ethereum exceeds $30 million, highlighting USD1’s growing impact within the cryptocurrency ecosystem.