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Bitcoin

Stablecoin supported by Trump in seventh place in the world

In the scene of a coexius constantly, the new protagonist climbed rapidly ranked: It is Stablecoin the US dollar that the world launched financial freedom (WLFIThe president supports him Donald Trump.

In just two months for the first time, USD1 arrived $ 2.2 billionTo become The seventh largest stablecoin in the world.

USD1: Explorer growth within a few weeks for Stablecoin with the support of Trump

It was launched at the beginning of March with a preliminary presentation of JUST 3.5 million dollarsUSD1 witnessed a rise in the meteorite.

According to data from CoingeckoThe market value moved from Stablecoin 128 million dollars To more 2.1 billion dollars In just two days at the end of April, on the occasion of an increase 1540 %.

This sudden jump occurred a few days before the announcement of an investment of $ 2 billion by the investment company MGXIt is based in Abu Dhabi.

Make the advertisement more important is the fact that it has been connected Eric TrumpAnd thus emphasizing the direct relationship between the Trump family and the US Ministry’s ecosystem.

One of the most relevant aspects of Stablecoin USD1 is that it is it Almost exclusive version on the BNB seriesBlockchain is supported by Binance.

According to data from BSCSCANand more 99 % of the total USD1 supplies The equivalent of about 2.1 billion dollars – it was released on BEP-20 BNB Series Network.

On the contrary, the ETHEREUM (ERC-20) version represents only a small part, at a value of about 14.5 million dollarsAccording to ETHERSCAN.

This technological choice has allowed to take advantage of USD1 Low transaction fees and SpeedThe characteristics that are likely to contribute to their rapid adoption by users.

With the last boom increased, USD1 has exceeded many in applied stablecoins The first USD digitalPaypal usd (pyusd), and Gold rope. Thus earning a place between the top ten stablecoins by the market value.

However, it is still far from the Gaza giants like Usdt by tether and USDCThat is proud 149 billion dollars and 61 billion dollars In value, respectively.

Nevertheless, the speed of USD1 to the seventh global situation shows a Great growth capabilities. Especially if it is supported by more political and financial initiatives.

HTX between the first exchange operations for USD1 inserts

Usd1 has not passed without anyone noticing it in the stock exchange world. The first exchange of stablecoin narration was HTX, previously known as the name Hoopy It is closely related to the Tron founder, Justin Sun.

On May 6, HTX announced the USD1 menu with Zero clouds On the bep-20 network. This makes it one of the few central exchanges to support the distinctive symbol.

Currently, USD1 is mainly available on Decentralization exchanges Love Pies and UNISWAP. However, its presence on CEX like HTX can represent the beginning of a The broader institutional adoption.

Another interesting component related to the origin of investments in USD1 and WLFI.

According to a survey conducted by V1ps founder, Notaz.solon 90 % of WLFI investors Come from Change the United States of Judicial. Among them Europeand AsiaAnd latin america.

Report by Bloomberg On May 7, I also revealed this More than half of Memecoin holders He resides outside the United States.

This data indicates a strong international interest in projects related to the Trump brand in the encrypted currency sector. The height of USD1 is perfectly proportional to the broader Agenda supporter Donald Trump promotes him.

In January, in fact, the president signed an executive entitled “Promote American leadership in digital financial technology“This aims to unify the role of the United States in the cryptocurrency sector and Stablecoin.

Although WLFI is often associated with Binance, both Trump and the exchange platform Rejection of any direct link or an official agreement Between the two parties.

However, the choice of the USD1 version almost exclusively on the BNB series has been nourished by speculation about potential strategic cooperation.

Usd1 future

Through rapidly growing market value, supporting leading political figures, and increasing adoption by international stock exchanges and investors, USD1 proves itself as The emerging power in the Stablecoin market.

It remains to see whether it will be able to bridge the gap with industry giants such as USDT and USDC. However, the signals are clear: USD1 has been set It plays an increasingly central role In the ecosystem of the encrypted currency.

Especially in a political and financial context that is increasingly favorable to expand it.

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