Coinbase plans to list Trump-backed USD1 stablecoin, which recently surged to $2.4 billion supply amid political and market controversies.
Coinbase has added World Liberty Financial USD (USD1) to its listing roadmap. This move shows that the stablecoin could soon be available on the exchange. It will launch once it meets certain conditions. This news was shared on Coinbase official X account on Thursday, August 21, 2025.
Trump Family Backed USD1 Stablecoin Hits $2.4 Billion Supply
USD1 is the main stablecoin of World Liberty Financial, a DeFi project with political backing from Eric Trump and Donald Trump Jr. Eric Trump quickly re-posted Coinbase’s announcement. This sparked speculation that the project will soon reveal more details.
This is at a time when stablecoins anchored by powerful figures are gaining popularity. Recently, World Liberty Financial minted another $205 million worth of USD1, bringing the total supply to an impressive $2.4 billion. Such a step follows the speech of Federal Reserve Governor Christopher Waller, who recently spoke highly about stablecoins, providing an extra boost to USD1.
The treasury has also increased to USD548 million, and USD1 makes up 39 percent of the portfolio, and it has quickly gained a place in the DeFi world. This is interesting timing, coming after the GENIUS Act in July 2025 enables banks to provide stablecoins backed by dollars and Treasury paper, further earning USD1 credibility by the 1:1 backing of dollars and Treasuries.
The Trump family’s involvement has brought excitement and controversy to the project. Earlier this year, World Liberty Financial raised half a billion dollars through the sale of its $WLFI token, noting the strong connection the family has to the world of cryptocurrency. Experts indicate that USD1 has the potential to compete with the existing stablecoins, such as USDC and USDT, due to its financial support and strategic location.
Related Reading: WLFI Launches Reward Program for USD1 Stablecoin Users | Live Bitcoin News
World Liberty Financial Eyes Bigger Market Presence with $WLFI Tokens
However, listing is dependent on market-making support and adequate technical infrastructure, an aspect that Coinbase had detailed in its transparency blog. A cautious approach helps ensure smooth integration of the asset into the platform.
In the meantime, the wider picture denotes bigger plans for World Liberty Financial. The project has been considering raising to $1.5 billion to form an exchange-traded company to host the tokens of the $WLFI, which can increase its presence in the market. USD1 caused a major crypto market surge, adding $2.4 billion after minting $205 million.
However, the crypto-related businesses of the Trump family have not gone without investigation. Ethics issues have also become a topic of discussion, especially with the Trump administration initiating its role in shaping crypto policy and the possibility of conflict of interest allegations.
The political environment is responding to these changes. In a subsequent action, Pennsylvania lawmaker Ben Waxman proposed the creation of HB1812, the bill specifically banning the cashing in on cryptocurrency by politicians, which would affect projects like World Liberty indirectly.
In the end, the launch of USD1 on the blockchains of Ethereum and Binance Smart Chain preconditions its smooth integration into the international DeFi horizons, yet the possibility of its effecting the shift remains debatable.
