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

According to Coinmarketcap and BscScan data, as of now, the USD1 stablecoin of the Trump family crypto project WLFI has issued over 113 million USD1 on the BNB Smart Chain (BSC), accounting for nearly 90% of its circulation. The current total market value of USD1 is close to $127.8 million, with a 24-hour trading volume of nearly $100 million. The total TVL on BNB Chain and Ethereum combined exceeds $30 million. USD1 will be 100% backed by short-term U.S. Treasury bonds, U.S. dollar deposits, and other cash equivalents, pegged 1:1 to the U.S. dollar, aiming to provide a safe and efficient cross-border trading tool for sovereign investors and institutions. Additionally, USD1 recently opened a trading pool on PancakeSwap, with its liquidity pool currently exceeding $19 million, and a USD1 TVL of $10.95 million on PancakeSwap V3. The lending product of BNB Chain staking protocol ListaDao has also recently opened a USD1 Vault, providing a USD1 lending capacity of $20 million.