Trump endorses stablecoin USD1 for comprehensive expansion: log in to Solana, mainstream CEX launches WLFI, Gate initiates points program in August.

****The stablecoin USD1 backed by Trump and its ecological token WLFI have recently welcomed multiple favourable information, attracting significant market attention. Major CEX has officially confirmed that WLFI spot trading will go live on September 1, and trading pairs with USDT and USDC will be opened, while a "Seed Tag" high-risk label will be added to this token. Meanwhile, the USD1 stablecoin has officially completed its deployment on the Solana blockchain and is deeply integrated with Solana ecological protocols such as Bonkfun and Raydium, aiming to accelerate its adoption. In addition, the Gate trading platform launched the USD1 points rewards program at the beginning of August, incentivizing users to participate in ecological construction through various scenarios including trading, holding coins, and financial management. This series of actions shows that USD1 is accelerating its expansion through a combination strategy of listing on trading platforms, multi-chain expansion, and user incentives, but whether it can challenge the dominance of USDT and USDC still needs to be tested by the market.

Mainstream CEX confirms the official launch of WLFI on September 1, adding SeedTag to warn of high risks

The world's largest cryptocurrency trading platform officially announced that it will launch the governance token WLFI of World Liberty Financial at 21:00 Beijing time on September 1, and open the WLFI/USDT and WLFI/USDC spot trading pairs. Deposit services are now open, and withdrawals will begin on September 2. It is noteworthy that Binance has added a "Seed Tag" label to WLFI, indicating that while the project is innovative, it also carries higher risks, reminding investors to be aware of price volatility and potential challenges. Within 24 hours of WLFI's launch, it will also receive support from Binance's copy trading and trading bots. This token will achieve fee-free trading on major public chains such as Ethereum and Solana, ensuring multi-chain accessibility. This launch action greatly enhances WLFI's market liquidity and global visibility.

WLFI Derivatives Trading Volume Soars 500%, Early Investors Can Claim 20% Share on Monday

Affected by the expectations of mainstream CEX listings, the trading sentiment in the WLFI derivatives market has surged dramatically. According to Coinglass, the trading volume of this token's derivatives skyrocketed over 500% in 24 hours, reaching $4.6 billion, with open interest increasing by 45% to $890 million. Among them, the CEX handled $2.19 billion in trading volume, accounting for nearly half of the share, with two other CEXs following closely behind. According to World Liberty Financial's plan, starting this Monday, early investors can claim 20% of their total allocation through the "Lockbox" distribution mechanism. This portion of tokens comes from WLFI's seed round financing at $0.015 and $0.05, while the remaining tokens are still locked to prevent excess supply from impacting the market.

USD1 stablecoin officially lands on Solana mainnet, Bonkfun serves as the official launch pad

The stablecoin USD1 under World Liberty Financial has officially launched on the Solana mainnet. The project team previously pre-mined 100 million USD1 tokens on the network in preparation for large-scale adoption. The meme coin Launchpad platform Bonkfun will serve as the official launchpad for USD1 on Solana, supporting new user onboarding and integration. Additionally, USD1 will be integrated with leading Solana DeFi protocols such as Raydium and Kamino Finance, with plans to launch more applications directly embedded in the Solana ecosystem in the future. The project team claims that Solana is the blockchain where "capital markets ultimately operate at internet speed," and this deployment aims to leverage its high speed and low cost advantages to expand payment and capital application scenarios.

South Korea's largest local trading platform launches first, Coinbase confirms it will follow soon

In addition to the aforementioned CEX, USD1 is also expanding rapidly in the Asian market. The largest cryptocurrency exchange in South Korea has taken the lead in launching USD1 and has opened trading pairs with KRW (Korean Won), BTC, and USDT. Its competitors have also followed closely, launching the USD1/KRW trading market. In the US market, Coinbase has confirmed that it will soon launch USD1, with the specific date to be announced. Several trading platforms have launched one after another, indicating strong market interest in the Trump-backed stablecoin and a coordinated promotion strategy for the overall ecosystem.

Gate trading platform launches exclusive USD1 points program, multi-dimensional incentives promote ecosystem participation

In terms of ecological application, the Gate trading platform announced on August 7th the launch of the USD1 points rewards program in collaboration with WLFI, becoming the first exchange in the industry to introduce this incentive mechanism. The program allows users to earn points by using USD1 for spot trading, stablecoin exchanges, holding USD1 assets, or participating in related Launchpad and financial projects. Limit order traders can receive additional bonus rewards, and new users completing designated tasks can also receive a newcomer benefit worth 10 USD. Gate is currently the second largest holder platform for USD1 globally, and this collaboration focuses entirely on ecological construction and user incentives, with the platform not directly participating in investments in WLFI or USD1. This move marks the entry of USD1 into a refined operational phase, aiming to enhance user stickiness and market competitiveness through actual incentives.

Challenges and Opportunities Coexist: USD1 Grows Rapidly but Competition is Fierce

Despite rapid development, USD1 still faces significant challenges. Its circulating supply is $2.4 billion, ranking sixth among stablecoins, far behind Tether USDT ($167 billion) and Circle USDC ($71 billion). The overall stablecoin market has reached $285 billion, with JPMorgan expecting it to grow to $500 billion by 2028, while Bernstein predicts it will reach $2.8 trillion in the next five years. In addition to existing competition, traditional financial institutions such as Citibank and Bank of America may also enter the market after policy relaxation. However, Blockstreet co-founder Kyle Klemmer remains optimistic, stating that USD1 is "the fastest-growing stablecoin to date" and believes it will eventually surpass Tether.

Conclusion

USD1 and its ecological Token WLFI are accelerating their market expansion and ecological construction through a combination strategy of listing on trading platforms, multi-chain deployment, and user points programs. Trump's endorsement brings unique political effects and global attention, while support from top trading platforms like Coinbase and Gate provides liquidity foundations and user entry points. However, against the backdrop of intensified competition in stablecoins and increasingly strict regulations, whether it can achieve the vision of "becoming number one by 2028" depends not only on the speed and scale of ecological application implementation but will also face multiple tests of market volatility, liquidity management, and policy uncertainty. For investors, the high-risk label of WLFI and the points incentive program of USD1 both indicate a coexistence of opportunities and risks, necessitating a careful assessment of one's risk tolerance before participation.