World Liberty Financial issued $205 million for its reserve1
World Liberty Financial has released stablecoin USD1 has risen by more than $205 million hours after US Federal Reserve Chairman Christopher Waller spoke out in praise of stablecoins.
According to DeFi- a project of the Donald Trump family, the USD1 balance reached a record $2,4 billion. This is the first significant increase in the token supply since the end of April 2025.
Since its launch in early April stablecoin USD1, backed by the Trump family, has become the world’s sixth-largest cryptocurrency by market cap. USDT leads the way Tether valued at $167 billion and with a 60% market share, followed by Circle Internet Group’s USDC with a market capitalization of $67,4 billion and a 24% market share.
The USD1 issuance comes just hours after Fed President Christopher Waller gave a speech in support of cryptocurrencies, in which he specifically mentioned stablecoins.
“I believe stablecoins have the potential to preserve and expand the role of the dollar internationally. They also have the potential to improve retail and cross-border payments,” he said Wednesday at a blockchain conference in Wyoming.
