Trump-Backed USD1 Stablecoin Lists on Coinbase

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Coinbase has listed USD1, a dollar-pegged stablecoin backed by former President Donald Trump and his sons. The move expands stablecoin options for American users on the exchange. This development comes amid increased regulatory clarity following the passage of the GENIUS Act.

  • USD1 becomes the third stablecoin available to U.S. Coinbase users alongside USDC and USDT
  • World Liberty Financial is building an Ethereum-based DeFi platform using Aave protocol for crypto lending services
  • The listing follows the passage of the GENIUS Act, which established U.S. regulatory guidelines for stablecoin issuance and trading
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