Trump-Backed USD1 Stablecoin Gains Coinbase Approval: Implications for DeFi Landscape

World Liberty’s USD1 stablecoin has received approval from Coinbase to list, marking a significant step in the stablecoin market and potentially impacting DeFi activity. The listing comes with added political weight thanks to endorsement from Eric Trump. This development could reshape stablecoin dynamics and influence Ethereum network activity as its $2.4 billion supply rapidly expands.