Trump-Backed USD1 Stablecoin Explodes to $5B in Less Than a Year

The post Trump-Backed USD1 Stablecoin Explodes to $5B in Less Than a Year appeared first on Coinpedia Fintech News The Trump-linked USD1 stablecoin has surged past a $5 billion market capitalization, quickly cementing its place as the fifth-largest stablecoin globally. In doing so, USD1 has overtaken PayPal’s PYUSD and climbed into the top 25 cryptocurrencies by overall market value, according to CoinMarketCap data. The rapid rise has caught the market’s attention, especially given that …