USD1 led by the Trump family surpasses daily trading volume of $1.25 billion... Ranks 3rd after Tether and Circle
Suehyeon Lee
Summary
- It was reported that the daily trading volume of USD1, led by the Trump family, has surpassed $1.25 billion.
- It was stated that USD1 ranked 3rd among global stablecoins by trading volume, following Tether and USDC.
- USD1's rapid market entry was evaluated as proof of the Trump family's influence in the virtual asset market.
World Liberty Financial (WLFI), headed by the family of former U.S. President Donald Trump, has seen the daily trading volume of its proprietary stablecoin USD1 surpass $1.25 billion.
According to CoinKu on the 29th (local time), USD1's daily trading volume exceeded $1.25 billion, ranking it third among global stablecoins by trading volume after Tether (USDT) and USDC.
The media outlet commented, "USD1's quick adoption in the market is yet another proof of the influence and presence the Trump family demonstrates in the virtual asset (cryptocurrency) market."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
