<h2 id="world-liberty-financial-news">World Liberty Financial News</h2>
World Liberty Financial's USD1 stablecoin surpassed $5 billion in total value this week, claiming the fifth spot among all stablecoins within a year of its launch, while the<a href="https://coinmarketcap.com/currencies/official-trump/" rel="noopener noreferrer nofollow"> Official Trump</a> meme coin has shed more than 93% from its peak.
The stablecoin's growth trajectory comes alongside World Liberty Financial's application to establish a federally chartered trust bank. Approval would grant World Liberty Trust Company authority over<a href="https://coinmarketcap.com/currencies/usd1/" rel="noopener noreferrer nofollow"> USD1</a> operations, including issuance, redemption, custody, and reserve holdings under direct OCC oversight.
Co-founder Donald Trump Jr. <a href="https://x.com/DonaldJTrumpJr/status/2016603533320069295" rel="noopener noreferrer nofollow">characterized </a>USD1 as infrastructure-focused rather than hype-driven, emphasizing American development, real-world scaling capability, and serious institutional adoption. The approach contrasts sharply with meme token speculation.
USD1 gained visibility through its role in MGX's $2 billion investment into Binance, with the Abu Dhabi sovereign fund selecting the stablecoin for payment. Senator Elizabeth Warren raised questions about conflicts of interest surrounding the transaction.
Warren subsequently alerted Treasury Secretary Scott Bessent and Attorney General Pam Bondi to potential national security vulnerabilities, pointing to USD1 trading on PancakeSwap. The decentralized exchange has processed $263 million linked to North Korean theft operations and maintains a liquidity partnership promoting USD1 pairs with World Liberty Financial.
The Official Trump meme coin on Solana now trades near $4.66, down from approximately $75 at its peak. CoinStats CEO Narek Gevorgyan observed that utility-focused projects are gaining ground over pure speculation, noting insiders pulled over $800 million from Official Trump before momentum collapsed.
Congressional members highlighted risks including conflicts of interest, foreign influence potential, and possible rug pull scenarios after the token's three-year lock expires. Warren pointed out the Trump Organization's 80% supply control in January 2025, while Presto Labs research head Peter Chung attributed the token’s decline to broader meme coin weakness rather than Trump-specific factors, as the overall dollar stablecoin market has expanded to $312 billion following GENIUS Act passage, which established a federal regulatory structure for dollar-backed crypto assets.

USD1 Reaches $5B While Official Trump Drops Over 93%

Table of Contents

Other articles published on Jan 29, 2026

CFTC Plans New Rules for Prediction Market Platforms, Bloomberg Reports

Senate Agriculture Committee Advances Crypto Market Bill

SEC Chief Paul Atkins Backs Crypto in 401(k) Retirement Plans

Join our free newsletter for daily crypto updates!