World Liberty Financial, the decentralized finance venture backed by the Trump family, has minted more than $200 million worth of its USD1 stablecoin just hours after a top U.S. central banker publicly endorsed the potential of stablecoins.
The platform disclosed on X Thursday that it added $205 million USD1 to its treasury, pushing the stablecoin’s circulating supply to a record $2.4 billion. The mint marks the first major expansion of the token since April.
🚨 We just minted $205,000,000 of USD1 for the WLFI Treasury🚨
The fastest-growing stablecoin of all time continues to scale. Backed 1:1 by USD and U.S. Treasuries. Transparent. Reliable. Built for the future of global finance.
$USD1 ☝️| $WLFI 🦅
— WLFI (@worldlibertyfi) August 20, 2025
Launched earlier this year, USD1 has quickly climbed the ranks to become the world’s sixth-largest stablecoin by market capitalization. The sector remains dominated by Tether’s USDT, valued at $167 billion and controlling 60% of the market, with Circle’s $67.4 billion USDC following at 24%.
The surge in supply came within hours of Federal Reserve Governor Christopher Waller’s remarks at a blockchain forum in Wyoming, where he argued that stablecoins could strengthen the global role of the U.S. dollar and enhance both retail and cross-border payments.
“Stablecoins also have the potential to improve retail and cross-border payments,”
Waller said, adding that the recently enacted GENIUS Act provides a framework to help the sector achieve broader adoption. His comments echoed those of SEC Chair Paul Atkins, who earlier this month described the legislation as a “seminal step” for Congress.
On-chain data provider Nansen reported that the fresh mint lifted World Liberty’s treasury to an all-time high of $548 million. USD1 now accounts for the project’s largest single holding at $212 million, representing 39% of its portfolio. Other key assets include $85 million in Aave Ethereum USDT (AETHUSDT) and roughly 19,650 Ether, valued at about $85 million.
The development follows reports earlier this month that World Liberty Financial is exploring the launch of a publicly traded entity to hold its WLFI tokens, targeting a $1.5 billion fundraising round. The platform is also preparing to introduce an innovative loyalty program exclusively for USD1 stablecoin holders, aiming to incentivize adoption within its ecosystem.
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