Author: BroLeon, the Australian Lion; Source: X, @BroLeon
Recently, Zach Witkoff, founder of World Liberty Financial, has been quite active, which is understandable, given that $USD1 has experienced explosive growth in the past three months, showing strong momentum.
Here's some data:
The total supply of $USD1 across the entire blockchain has increased from approximately $2.0-2.5B to $3.4B, an increase of 70-90%, with an astonishing 308% growth on the Ethereum chain alone.
With USDT/USDC's dominance declining from 88-90% to 82-86%, $USD1 has successfully seized market share from traditional stablecoins. As a relatively new stablecoin launched in April 2025, it has already become the 6th largest stablecoin in the market. Furthermore, it is very close to PayPal's stablecoin $PYUSD, and far surpasses established stablecoins like PYUSD, DAI, and FDUSD in terms of trading volume and exchange coverage (8 major CEXs). The surge in USD1's price has been evident since Binance launched its 20% yield product on December 24th (adding 150M in volume on the first day alone), demonstrating the powerful effect of Binance's support. Furthermore, the combined strength of USD1 and Aster is quite remarkable, especially with the early USD1 concept coin, $B, seeing a significant increase in trading volume. The USD1/B trading pair achieved $67M in trading volume on its first day, accounting for 88% of the total market trading volume. $B's price has also been steadily climbing, showing a strong upward trend. Other previously popular USD1 sub-sectors, such as $DOLO, have remained relatively quiet. It seems the old favorites are still the ones that truly deliver in the end. Hopefully, this trend will continue, as it provides opportunities for retail investors like us to profit. If USD1 truly aims to break through the 10 billion mark in the short term, as predicted by @Jackyi_ld, the current subsidies are far from sufficient. More DeFi projects, more use cases, and a larger-scale, compliant on-chain integration of traditional financial assets all require significant effort. More importantly, this momentum cannot be allowed to falter. With only 11 months until Trump's midterm elections, if they can't make the most of this time to truly solidify their position and reach a scale of 10 billion, then many uncertainties will arise. Previously, World Liberty Financial's app's delayed launch and the resulting abandonment of numerous related projects were indeed disheartening. Can they stage a stronger comeback this time?