The Trump family's crypto project WLFI stablecoin USD1 has a market value of $127.8 million, and more than 113 million have been issued on the BNB chain

Odaily Planet Daily News According to Coinmarketcap and BscScan data, as of now, the US dollar stablecoin USD1 of the Trump family crypto project WLFI has issued more than 113 million USD1 on the BNB Smart Chain (BSC), accounting for nearly 90% of the circulation. The current total market value of USD1 is close to 127.8 million, the 24-hour trading volume is nearly 100 million US dollars, and the combined TVL of BNB chain and Ethereum exceeds 30 million US dollars. USD1 will be 100% supported by short-term US Treasury bonds, US dollar deposits and other cash equivalents, 1:1 anchored to the US dollar, aiming to provide sovereign investors and institutions with safe and efficient cross-border trading tools. In addition, USD1 recently opened the trading pool of Pancakeswap. Currently, Pancake's USD1 liquidity pool exceeds 19 million, and Pancake V3's USD1 TVL is 10.95 million US dollars. The lending product of BNB chain pledge agreement ListaDao has also recently opened USD1 Vault, which provides a USD1 lending quota of 20 million USD.