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The Trump family’s decentralized finance project, World Liberty Financial, minted more than $200 million worth of its stablecoin hours after a speech by Federal Reserve Governor Christopher Waller, praising stablecoins.&nbsp;
World Liberty <a href="https://x.com/worldlibertyfi/status/1958287010315264274" rel="noopener noreferrer nofollow" target="_blank">posted</a> to X on Thursday that it minted $205 million worth of the platform’s stablecoin, USD1, for its treasury, boosting its <a href="https://cointelegraph.com/news/trump-backed-usd1-is-now-the-seventh-largest-stablecoin-worldwide" rel="noopener noreferrer nofollow">supply</a> to a record high of $2.4 billion in the token’s first significant increase since late April.
Since it was launched in early April, the Trump family-backed stablecoin has become the world’s sixth-largest in terms of market capitalization, led by Tether’s $167 billion-strong Tether (<a href="/tether-price-index" rel="noopener noreferrer">USDT</a>) with a 60% market share, followed by Circle Internet Group’s $67.4 billion USDC (<a href="/usdc-price-index" rel="noopener noreferrer">USDC</a>) with a 24% share.
<h2 id="fed-governor-sec-chair-bullish-on-stablecoins">Fed governor, SEC chair bullish on stablecoins&nbsp;</h2>
The USD1 mint came just hours after the Fed’s Waller made a <a href="https://cointelegraph.com/news/fed-governor-tells-peers-defi-isnt-scary" rel="noopener noreferrer nofollow">pro-crypto speech</a> that specifically touted stablecoins.&nbsp;
“I believe that stablecoins have the potential to maintain and extend the role of the dollar internationally,” Waller said on Wednesday at a blockchain conference in Wyoming.
“Stablecoins also have the potential to improve retail and cross-border payments,” he added.
Waller said the stablecoin-regulating GENIUS Act signed into law last month was “an important step for the payment stablecoin market and could help stablecoins reach their full potential.”&nbsp;&nbsp;
It echoed comments from Securities and Exchange Commission Chair Paul Atkins, who <a href="https://cointelegraph.com/news/tokens-securities-sec-chair-paul-atkins-wyoming" rel="noopener noreferrer nofollow">said on Aug. 19</a> that the bill is a “seminal step for the US Congress and government.”
<h2 id="wlfi-treasury-holdings-at-record-high">WLFI treasury holdings at record high</h2>
The recent USD1 mint has boosted the WLFI treasury holdings to a record $548 million, <a href="https://app.nansen.ai/profiler?chain=all&amp;entity=World%20Liberty%20Fi&amp;tab=overview" rel="noopener noreferrer nofollow" target="_blank">according</a> to Nansen.&nbsp;
Related: <a href="https://cointelegraph.com/news/trump-backed-wlfi-token-trading-approved-token-unlock" rel="noopener noreferrer nofollow">Trump’s World Liberty crypto tokens are set to become tradable</a>
The stablecoin is now World Liberty’s largest crypto holding at $212 million and 39% of its total portfolio. Aave Ethereum USDT (AETHUSDT) is the project’s next biggest investment at $85 million, along with an equal value share of Ether (<a href="/ethereum-price" rel="noopener noreferrer">ETH</a>), as the project holds 19,650 ETH.&nbsp;
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2025-08/0198cb3f-69d0-7d3f-bf17-4db4220ea8d4" title="" alt="Trump’s World Liberty mints 9% of USD1 supply after Waller speech">
 <figcaption style="text-align: center;">
 World Liberty’s treasury holdings are at their largest-ever levels. Source: <a href="https://app.nansen.ai/profiler?chain=all&amp;entity=World%20Liberty%20Fi&amp;tab=overview" rel="noopener noreferrer nofollow" target="https://app.nansen.ai/profiler?chain=all&amp;entity=World%20Liberty%20Fi&amp;tab=overview">Nansen</a>
 </figcaption>
</figure>
 Earlier this month, it was <a href="https://cointelegraph.com/news/world-liberty-financial-plans-1-5b-public-company-hold-wlfi-tokens" rel="noopener noreferrer nofollow">reported</a> that World Liberty Financial was exploring the creation of a publicly traded company to hold its WLFI tokens, with a fundraising target of around $1.5 billion.
Magazine: <a href="https://cointelegraph.com/magazine/solana-seeker-review-is-the-500-crypto-phone-worth-it/" rel="noopener noreferrer nofollow">Solana Seeker review: Is the $500 crypto phone worth it?</a>

Trump’s World Liberty mints 9% of USD1 supply after Waller speech

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