List of Flash News about Trump stablecoin USD1
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2025-05-10 10:24 |
Trump’s Family Stablecoin USD1 Surges on BNB Chain, Becomes Second-Largest Stablecoin After USDT
According to Crypto Rover, Trump’s family-backed stablecoin USD1 has rapidly expanded its presence on the BNB Chain, overtaking competitors to become the second-largest stablecoin by market capitalization after USDT on this blockchain (Source: Crypto Rover, May 10, 2025). This surge has significant trading implications as USD1’s growth boosts liquidity and trading volume on BNB Chain decentralized exchanges, potentially tightening stablecoin spreads and increasing arbitrage opportunities for traders. The rise of USD1 also signals increased competition among stablecoins on BNB Chain, which could impact DeFi protocols and yield farming strategies across the crypto market. |