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Binance Yield Program Fuels Surge in Trump Family-Linked Stablecoin

Binance Yield Fuels USD1 Stablecoin Surge

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

The World Liberty Financial USD (USD1) stablecoin, associated with the Trump family, experienced a significant market capitalization increase of $150 million following Binance's launch of a new yield program. This development has propelled USD1 to become the seventh-largest stablecoin globally, amidst ongoing scrutiny regarding the ties between Binance and the stablecoin's development.

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