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Crypto Trends

Trump-Backed World Liberty Gets Coinbase Approval With USD1 Stablecoin Listing

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In brief

  • Coinbase is listing the World Liberty Financial stablecoin, USD1.
  • World Liberty Financial is backed by President Donald Trump and its sons.
  • While a dollar-pegged stablecoin like USD1 won’t see a price jump from the listing, it could boost World Liberty’s visibility.

The USD1 stablecoin from World Liberty Financial—a crypto project backed by President Donald Trump and his sons—is now available for trading on Coinbase, the exchange announced on Thursday. 

America’s biggest crypto exchange announced the listing in a Thursday post on X. Eric Trump, the president’s son and World Liberty co-founder, then reposted it and said that more news related to the crypto project was coming “very soon.”

Decrypt reached out to WLF for comment but did not immediately receive a response.

Coinbase told Decrypt that it listed the coin because it “strives to bring to market the products and services our customers want.” American users can now access USDC, Tether’s USDT, USD1, PYUSD, USDS, PAX, and DAI stablecoins on Coinbase.

In March, Decrypt reported that World Liberty had launched its own stablecoin. A stablecoin is a digital token typically pegged to the value of the U.S. dollar, but sometimes other non-volatile assets like alternative fiat currencies or gold. 

Before listing USD1, Coinbase provided support for the two major stablecoins, USDT and USDC, and other smaller tokens. 

The announcement comes amid a wave of activity in the stablecoin market coinciding with the run-up to and passage of the GENIUS Act, which set guidelines for issuing and trading stablecoins in the U.S. In recent months, a number of major financial services companies and other entities have introduced stablecoin initiatives, or said they were exploring efforts in the space. 



Stablecoins are a key part of the crypto economy, because traders would use them to swiftly enter and exit digital asset transactions. Instead of using dollars on traditional banking rails, digital tokens accelerate the crypto trading process.

USD1 is planned to be usable on World Liberty Financial, a decentralized finance or DeFi platform announced in 2024. The Ethereum-based platform, which is being built with the Aave protocol, will provide crypto borrowing and lending services. However, it has yet to launch to the public.

In addition to the USD1 stablecoin, World Liberty has also launched its own native token, WLFI. That token is not currently tradable, though token holders voted in July to make it possible to buy and sell the Ethereum-based token.

Democratic lawmakers have called out World Liberty and its connection to President Trump, especially following the use of USD1 for a $2 billion investment from Abu Dhabi-based sovereign wealth fund MGX into leading crypto exchange Binance.

Even Republicans have suggested that Trump’s various crypto dealings—including World Liberty and his own personal Solana meme coin—have made it more difficult to advance crypto legislation in Washington.

However, the House and Senate ultimately passed the GENIUS Act stablecoin bill, which Trump signed into law in July.

Editor’s note: This story was updated with an expanded list of supported stablecoins on Coinbase.

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Jesse Hamilton
Crypto Trends

Trumps May Have Sold WLFI (USD1) Stake as U.S. Stablecoins See Wave of Good News

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Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin.

DT Marks DEFI LLC is a company that now owns about 40% of the holding company over WLFI, down from an earlier 60%, according to the legal disclosures at the bottom of the platform’s website. DT Marks DEFI is “an entity affiliated with Donald J. Trump and certain of his family members,” it says.

Trump’s crypto dealings are extensive and have reportedly directly gained him tens of millions of dollars, at least, but they’ve also taken a starring role in the debate over digital assets regulation in the U.S. The stablecoin bill that is now in the hands of the House of Representatives was temporarily stalled in the Senate as Democrats made noise about Trump’s own stablecoin operation.

Despite corruption complaints from lawmakers such as Senators Elizabeth Warren, Richard Blumenthal and Chris Murphy, and arguments that it’s inappropriate for the president to be taking a hand in the regulation of his own business, the advancement of the bill potentially leaves World Liberty Financial’s USD1 stablecoin approaching steadier footing, assuming the company is prepared to comply with rigorous reserve and oversight demands.

While Trump’s political allies and his administration claim his business ties are transparent, the family’s crypto dealings remain murky, without full disclosures of the business stakes of individual members, including the president. It is still unclear what the family’s specific ownership or management involvement may be with World Liberty Financial.

Representatives from WLFI and Trump’s business interests didn’t immediately respond to requests for comment from CoinDesk.

And his growing ties to crypto don’t end there. Trump drew the bulk of recent criticism for his hosting of a private dinner for the leading investors in his personal memecoin, many of whom were foreign nationals and went unidentified to the public. The one-time crypto skeptic has sold multiple rounds of non-fungible tokens (NFTs); his media company announced this year it was raising $2.5 billion to build a bitcoin treasury; and son Eric has been helping run a new bitcoin mining venture. There are few corners of the industry the president doesn’t have close connections to.

Read More: Trump’s Empire Pulled In $57M From Family-Linked Crypto Firm Last Year, Filing Shows



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Pi Network Is Back! Mexc Lists Pi Coin With Trump-Backed Usd1
GameFi Guides

Pi Network is back! MEXC Lists Pi coin with Trump-Backed USD1

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MEXC, a cryptocurrency exchange, has announced that PI/USD1 and SOL/USD1 trading pairings would be available from today, May 27. This means that users may now trade Pi Coin directly against a new stable currency called USD1.

MEXC Lists Pi coin with Trump-Backed USD1, Source: X

This listing could help Pi gain credibility and wider adoption. It gives the Pi community access to regulated liquidity, meaning it’s easier to trade with real-world value. It also increases the chances that institutional investors and traditional finance players may take notice. To celebrate the listing, MEXC is offering zero trading fees for these new pairs until June 26.

World Liberty Financial, located in Miami, released USD1 as a stablecoin in April 2025. It is backed by actual assets such as US Treasuries and cash, ensuring that its value remains constant at $1. The coin is tied to the Trump family, as Trump-owned firms control 60% of the corporation and receive 75% of coin earnings. The corporation is purportedly run by Eric Trump and Donald Trump Jr.

Despite the news, Pi’s price has dropped 3% in the last 24 hours and is currently around $0.74. It recently reached a high of $1.57 earlier this month but is now moving sideways. Experts believe Pi will face tough resistance at the $1 level soon.

Also Read: Pi Network Adds New Mainnet Apps and Account Recovery Option



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