USD1 Stablecoin Surges After Binance Launches High-Yield Program

The World Liberty Financial USD (USD1) stablecoin, linked to President Trump’s family, rose by $150 million in market value after Binance announced a new program offering earnings on the token.

The USD1 stablecoin is one of the Trump family’s crypto projects, which reportedly earned around $802 million in the first half of 2025.

The stablecoin’s value increased from $2.74 billion to $2.89 billion after Binance launched the booster program, which offers up to 20% annual returns for USD1 deposits over $50,000.

The first promotion aims to help USD1 holders earn more rewards and runs until January 23, 2026. Bonus earnings are paid daily and added directly to users’ Binance Earn accounts. 

Binance Support Boosts USD1 Stablecoin, but Ties Raise Scrutiny

Binance has been adding more products, making USD1 an increasingly important part of its platform.

On December 11, the exchange further expanded support by adding fee-free trading pairs for major cryptocurrencies with USD1 and said it would convert all assets backing its BUSD stablecoin into USD1 at a 1:1 ratio.

Additionally, in May, USD1 was used to complete MGX’s $2 billion investment in Binance, according to Eric Trump, who announced it during a panel at Token2049 in Dubai.

Following this increase in implementations by Binance, the stablecoin has grown to become the seventh largest in the world by market value, just behind PayPal USD (PYUSD).

Despite its growing prominence, questions about Binance’s connections with WLFI remain unclear. A Bloomberg report from July said that Binance may have helped develop some of the code for USD1, according to anonymous sources.

In response, Binance founder Changpeng Zhao said the article had factual mistakes and hinted that he might sue them for defamation.

Lawmakers have also expressed worry about the reported connection. In October, Connecticut Senator Chris Murphy said Binance.US, a separate legal branch of the exchange, was promoting Trump crypto just a week after Trump pardoned Binance’s owner.