Coinbase has officially added the World Liberty Financial’s USD1 stablecoin to its platform. This listing marks a significant milestone for the stablecoin, which is backed by former President Donald Trump and his sons, and offers American users a new digital dollar alternative alongside USDC and USDT. Trading began on Coinbase, with the USD1 token officially listed as an ERC-20 token on the Ethereum network. Coinbase’s phased roll-out will begin after meeting liquidity requirements, ensuring a smooth user experience for both buyers and sellers. The company stresses that sending USD1 across other networks poses risks of substantial losses and advises users to stay within the Ethereum blockchain for security. The listing also opens up competition in the market for stablecoins with Coinbase adding USD1 as one of its three major options alongside USDC and Tether’s USDT. This addition brings more options for users, particularly as they look to bypass traditional banking restrictions that come with the digital dollar offerings. World Liberty Financial is actively expanding USD1’s supply, recently issuing $205 million in new tokens, which increased its total supply to a record $2.4 billion. The company’s plans for a rewards program are also underway, incentivizing engagement and increasing liquidity through points for trading, holding, staking, and DeFi protocol participation. World Liberty Financial aims to leverage USD1 within its Ethereum-based DeFi platform, offering lending and borrowing services similar to other decentralized finance applications on the blockchain. This will create an ecosystem where users can easily access these financial services, bypassing traditional banking infrastructure for faster and more efficient capital movement.