Institutional deals and DeFi integration facilitate its rapid growth.
On June 29, 2025, the Trump family-backed stablecoin USD1 recorded a significant milestone by overtaking USDC in 24-hour trading volume, reaching $3.37 billion. This development places USD1 as the second most used stablecoin globally after USDT.
Substantial interest from institutional players like Abu Dhabi’s MGX and integration with DeFi platforms such as Euler Finance and Lista further propelled USD1’s unprecedented trading activities. This strategic engagement has enabled comprehensive utility in the ecosystem, contributing to its rapid growth. Senator Elizabeth Warren characterized the entity’s large transactions with foreign partners as a potential shadow banking concern, reinforcing USD1’s need for stringent scrutiny.
USD1, endorsed by the Trump family, has marked a significant milestone by surpassing USDC in daily trading volume. The USD1 token, reported on the X platform, achieved a 24-hour trading volume of $3.37 billion. This stablecoin’s trading activity saw much of its volume on PancakeSwap V3, according to recent data. The powerful sponsorship from Donald Trump and his family’s earnings from WLFI token sales have undoubtedly contributed to this success.
Audits and airdrops indicate an evolving approach towards credibility and expansion, with the community witnessing enhanced activity around the stablecoin. No direct commentary from prominent crypto figures due to the controversial nature surrounding USD1’s association may contribute to market caution among retail traders.
“A product of ‘shady crypto deals’ with the UAE,” said Senator Elizabeth Warren, criticizing the token’s use as a shadow banking tool and raising transparency concerns about foreign influence.
Did you know? USD1’s ascent mirrors early innovations like the USDT’s pioneering cross-chain growth, showing distinct parallels in leveraging stablecoin architectures.
The stablecoin USD1, currently priced at $1.00, exhibits a market cap of , commanding 0.07% dominance. As per CoinMarketCap, its 24-hour trading volume stands at with slight price fluctuations over three months. With ongoing integration into DeFi protocols and stable price movements despite high trading activity, USD1 shows resilience in a competitive market sector.
Insights from Coincu research predict ongoing technological advancements and regulatory discussions that could impact USD1’s wider adoption. The stablecoin’s volume-to-market-cap ratio indicates a potential for further leverage across EMEA and APAC regions through existing partnerships. Historical trends suggest USD1 may continue gaining traction, although regulatory concerns could influence long-term sustainability.
