Trump-Linked Stablecoin USD1 Surges to $5 Billion Market Cap Amid Crypto Market Turbulence
The Trump family-affiliated stablecoin USD1 has rapidly ascended to become a top-five stablecoin by market capitalization, reaching $5 billion, even as speculative meme tokens falter. Its growth is shadowed by a previously unreported deal with a UAE-backed entity and mounting regulatory scrutiny in Washington.