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Coinbase added USD1, the World Liberty stablecoin, to its listing roadmap.
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The token is backed by Donald Trump and his family.
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USD1 supply now stands at $2.4B, driven by a $2B deal with Binance.
Potential Coinbase Listing
Coinbase announced that USD1, the stablecoin issued by World Liberty Financial, is now on its roadmap, a step toward a future listing. Trading will launch once technical and liquidity requirements are met.
Trump Family Connection
The project is closely tied to Donald Trump, who has promoted crypto since his re-election campaign. His sons, Donald Jr. and Eric, have also actively supported USD1, branding it as a patriotic digital dollar.
Supply Growth
This week, $205 million worth of USD1 was minted, bringing its supply to $2.4 billion. Much of that supply came from MGX, an Abu Dhabi investment firm, which used USD1 in a $2 billion deal with Binance.
Stablecoin Market Outlook
Stablecoins are one of the fastest-growing areas in crypto. Goldman Sachs recently projected that the market could reach trillions. World Liberty plans to attract users through rewards for trading, staking, and app-based engagement.
