| by CoinGen | Coinmonks | May, 2025
Hey crypto fam! If you thought things were getting quiet in the crypto world, think again. A new storm is brewing — and it’s coming from a name you probably didn’t expect: Trump. Yes, that Trump.
A Trump-family-backed crypto company called World Liberty Financial (WLFI) is making headlines with its booming USD1 stablecoin, which just exploded past $2 billion in market cap. But that’s not all — they’re gearing up for a major DeFi launch and a juicy airdrop for their token holders. Let’s break it all down in plain English.
USD1 is a stablecoin — a type of cryptocurrency that’s tied to the value of the U.S. dollar. It’s backed by real-world assets like U.S. dollars, cash equivalents, and U.S. Treasuries.
The idea? USD1 aims to offer a more “freedom-loving” alternative to government-issued central bank digital currencies (CBDCs). And it’s already caught the eye of the crypto community — big time.
Just a few days ago (April 28, 2025), USD1 had a humble market cap of $128 million. But within 48 hours, it skyrocketed:
Added $600 million in just a few hours- Gained another $1.2 billion the next day
Hit $2.12 billion by April 30
