The USD1 stablecoin, which somehow has ties to Donald Trump and his family, is now live on Coinbase. The world’s biggest crypto exchange announced the exciting news on Thursday via an X post. Eric Trump, a co-founder of World Liberty Financial, reposted it with a tantalizing hint: more juicy updates on this crypto project are “coming very soon.” Oh, the suspense!
USD1 is officially on @Coinbase!!!
— Eric Trump (@EricTrump) August 21, 2025
More @worldlibertyfi news to come very soon! https://t.co/GaDxpHAlH3
Why Coinbase Listed USD1
In case you're wondering why Coinbase added USD1, here’s their reason:
“We strive to bring to market the products our customers want.”
So, apparently, this is what we all wanted? Stablecoins galore, including USDC, Tether’s USDT, PYUSD, USDS, PAX, and DAI, just a smorgasbord of stablecoin options to confuse the average user.
USD1’s Role in the Market
World Liberty launched USD1 back in March as part of its own stablecoin push. You know, the usual, digital tokens tied to the value of the U.S. dollar. Before USD1, Coinbase was sticking with the big guys like USDT and USDC, so this is a bit of a change in the crypto air.
Oh, and did I mention stablecoins are basically the lifeblood of the crypto economy? Traders use them to quickly dive in and out of digital asset transactions, bypassing the slow, boring old banking system. Because why use dollars when you can use a decentralized digital token? Am I right?
WLFI Token
In addition to USD1, World Liberty also has a native token, WLFI, which is as tradable as my grandma’s secret cookie recipe right now. But hey, they had a vote in July to make it tradable eventually, so fingers crossed for that.
Political Drama and Crypto Legislation
And while all this is happening, Democratic lawmakers are clutching their pearls about the whole Trump connection, especially since USD1 was involved in a $2 billion investment by Abu Dhabi’s MGX into Binance. Republicans are also side-eyeing Trump’s crypto involvement because, apparently, Solana meme coins and crypto legislation don’t mix well in Washington. Who knew?
But in the end, the GENIUS Act passed in the Senate and House, and Trump signed it into law in July. So, all this crypto drama is apparently working its way into the legislation now.
Matvii Diadkov
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