"The stablecoin of the U.S. President's family" is quietly rising.

The DeFi project WLFI, led by the Trump family, launched the stablecoin $USD1, which has been deployed to the Ethereum, BNB Chain, and Tron public chains within a month. It has been integrated into over 10 protocols, with a market cap exceeding $2.1 billion, making it the fifth-largest stablecoin by market cap globally.

$USD1 is 100% collateralized by U.S. short-term Treasury bonds and cash assets, with BitGo as the custodian. Eric Trump, the son of Donald Trump, is in charge of operations, and Justin Sun has invested $75.00 million in support.

What's generating even more discussion is that the Abu Dhabi investment firm MGX is using $USD1 to complete its $2.00 billion investment in Binance, a collaboration personally confirmed by Changpeng Zhao.

On-chain data shows that DWF Labs is providing liquidity for $USD1 and subscribing to $25.00 million worth of WLFI tokens. Several leading DeFi protocols have also quickly integrated it, including Venus, Meson Finance, Lista DAO, and Pyth Network. Centralized exchanges HTX and MEXC have also listed USD1/USDT trading pairs.

Furthermore, $USD1 has entered Web3 commercial consumption scenarios, supporting platforms including Umy (global hotel booking), TokenPocket, HOT Wallet, and Pundi X. It has also launched wallet user airdrop test governance proposals, with a voting support rate as high as 99.96%.

$USD1 is positioned as a "digital dollar" serving institutions and sovereign wealth funds, targeting the three core applications of cross-border payments, DeFi settlement, and off-chain consumption.

As WLFI announces that it is promoting integration with traditional POS systems, this "President's family coin" is rapidly becoming a variable in the stablecoin landscape.