World Liberty Financial’s dollar-backed stablecoin USD1 has surpassed a $5 billion market capitalisation in under a year, while the TRUMP meme coin has slumped more than 93% from its peak.
The rapid growth of USD1 has been driven by institutional adoption, Binance integration, and a pending application to form a federally supervised US trust bank.
“Built in America, designed for real-world scale, and adopted by serious institutions,”
World Liberty Financial co-founder, Donald Trump Jr., said in a post on X.
USD1 gained prominence after being used in a $2 billion Binance investment by Abu Dhabi-based sovereign wealth fund MGX, a deal that later drew scrutiny from US lawmakers.
Senator Elizabeth Warren has warned that USD1 could pose national security risks, citing its activity on PancakeSwap and blockchain data showing links to North Korea–associated fund flows.
In contrast, the Solana-based TRUMP meme coin has collapsed since launch, with analysts and lawmakers pointing to insider selling, supply concentration, and heightened investor risk.
The divergence highlights a broader shift in crypto markets toward regulated, yield-bearing stablecoins, as speculative meme tokens lose momentum amid tighter scrutiny.
At the time of reporting, World Liberty Financial price was $0.1505.