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The USD1 stablecoin by World Liberty Financial (WLFI) has officially crossed the $2 billion market cap milestone. This massive leap highlights the rising demand for decentralized stablecoins and underscores USD1’s rapid ascent in a booming sector.

From $128 Million to $2 Billion in Days

On April 28, USD1’s market cap stood at just $128 million. Within a day, it skyrocketed to $1 billion. By April 30, it doubled again—reaching $2.1 billion.

WLFI co-founder Zach Witkoff celebrated the achievement on X (formerly Twitter), saying:

Proud to announce that @worldlibertyfi #USD1 🦅 stable coin has officially crossed $2B in Market Cap. Proud of the team, onwards!

— Zach Witkoff (@ZachWitkoff) April 29, 2025

BitGo also congratulated the WLFI team when USD1 first hit $1 billion.

Congratulations to the @worldlibertyfi team on USD1 reaching a $1B market cap — the fastest rise from 0 to $1B in stablecoin history!

Now ranked among the top 10 stablecoins globally.

Honored to support USD1, built on BitGo’s Stablecoin-as-a-Service platform.@zachwitkoff… pic.twitter.com/LixL8L5Kra

— BitGo (@BitGo) April 29, 2025

USD1 Climbs Crypto Rankings Fast

USD1 now ranks 57th among all cryptocurrencies and 7th among stablecoins. It has already surpassed big names like PayPal USD (PYUSD) and First Digital USD (FDUSD).
Even more notably, USD1 is now the second-largest stablecoin on the Binance Smart Chain (BSC).

This fast-paced rise makes USD1 one of the quickest-growing decentralized stablecoins since its March launch.

What’s Driving USD1’s Rapid Growth?

According to blockchain analytics from Dune, several minting events in late April triggered the explosive growth. These were part of WLFI’s broader push to expand USD1’s supply and adoption.

To support its growth strategy, WLFI recently announced an upcoming airdrop to early adopters. This initiative aims to test on-chain distribution, reward loyal users, and build momentum ahead of a full-scale rollout.

Political Ties Raise Eyebrows

USD1’s growth hasn’t come without controversy. The project has attracted attention due to former President Donald Trump’s involvement, prompting concerns from regulators and lawmakers about possible conflicts of interest.

Despite these concerns, investor confidence in USD1 remains high. Its market success signals strong support and continued potential in the evolving stablecoin space.

Outlook for USD1 and the Stablecoin Market

The broader stablecoin sector is expected to reach $2 trillion in the coming years. USD1’s performance shows it could play a major role in that growth.

While regulatory scrutiny may influence its trajectory, USD1’s market momentum suggests it’s here to stay—at least for now.