Coinbase has listed World Liberty Financial’s USD1 stablecoin, expanding its reach to both retail and institutional customers. This listing comes with increased adoption prospects but also regulatory scrutiny due to the project’s political connections. The exchange officially launched the USD1 token on August 21, allowing users to buy, sell, convert, send, and store it through their Coinbase app and website. USD1 has experienced rapid growth since its launch in March, achieving a $2.2 billion market capitalization by August 21st, ranking it as the fifth-largest stablecoin globally. This success is fueled by institutional backing from Binance and Abu Dhabi’s MGX fund, as well as a strong focus on transparency and liquidity with zero-fee minting and redemption. However, concerns regarding liquidity concentration, which sees over half of the USD1 supply held by just three wallets, have been raised. The listing has also attracted attention due to Eric Trump’s reposting of Coinbase’s announcement, highlighting potential political connections and sparking debate about potential conflicts of interest. As a result of this listing, the stablecoin’s trading volume is expected to increase, further raising awareness for USD1.