TLDR:
Coinbase added USD1 support on Ethereum as an ERC-20 token, with trading phased once liquidity requirements are met.
World Liberty Financial minted $205 million USD1, raising total supply to $2.4 billion, ranking sixth among stablecoins.
Eric Trump amplified Coinbase’s announcement, confirming the token’s entry to the platform and teasing further WLFI updates.
USD1 stablecoin is fully backed 1:1 by U.S. dollars and Treasuries, with its Ethereum contract address publicly disclosed.
A new stablecoin tied to political circles is stepping onto one of the largest crypto exchanges. Coinbase announced support for World Liberty Financial USD (USD1), marking its entry into the exchange’s asset list.
Trading will start in phases once liquidity conditions are met. The move comes after World Liberty Financial minted $205 million worth of USD1, lifting its total supply to $2.4 billion. With that figure, USD1 now ranks as the sixth-largest stablecoin by market capitalization.
Coinbase Adds USD1 Stablecoin on Ethereum Network
Coinbase confirmed it will support World Liberty Financial USD (USD1) on the Ethereum blockchain as an ERC-20 token.
In its post on X, the exchange warned users not to send USD1 over other networks, as funds may be lost. Transfers are already available through Coinbase and Coinbase Exchange in regions where trading is permitted.
Coinbase will add support for World Liberty Financial USD (USD1) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase @CoinbaseExch in the regions where trading is…
— Coinbase Assets 🛡️ (@CoinbaseAssets) August 21, 2025
According to the platform, trading will only begin once there is sufficient liquidity. The exchange said USD1-USD trading pairs will roll out in phases once supply meets internal conditions. This staggered approach mirrors how Coinbase lists newer assets with large volumes.
Support for USD1 may face restrictions in some regions. Coinbase outlined that jurisdictional rules will shape availability, similar to other regulated stablecoins. The project’s Ethereum contract address has also been shared publicly to ensure transparency.
The launch quickly gained traction online after Eric Trump, son of the U.S. President, re-shared the exchange’s post. He noted that USD1 was now live on Coinbase and hinted at more announcements from World Liberty Financial.
USD1 Supply Expands as Minting Surges Past $205 Million
World Liberty Financial said it minted $205 million worth of USD1 directly for its treasury. In its statement on X, the project described USD1 as transparent, backed 1:1 by U.S. dollars and U.S. Treasuries. The new mint pushed the circulating supply to $2.4 billion.
At that level, USD1 now holds the sixth spot among stablecoins by market capitalization. The increase in supply underlines the project’s rapid scale compared to earlier entrants in the stablecoin sector.
🚨 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
Supporters argue that the model, backed entirely by U.S. assets, provides both reliability and trust. The project emphasized its aim to build a financial product tailored for global adoption.
Coinbase’s listing could boost visibility and increase trading activity around USD1. Market watchers have been monitoring how quickly the token gains traction, given its direct ties to political figures
