On August 21, 2025, leading cryptocurrency exchange Coinbase announced that it had added World Liberty Financial’s stablecoin USD1 to its exchange roadmap, and within hours officially confirmed the listing. The move was quickly cheered by Eric Trump, son of U.S. President Donald Trump, drawing significant attention from the crypto community.
From Roadmap to Live Listing in a Day
Coinbase Assets disclosed via X that USD1, a fiat-backed stablecoin issued by World Liberty Financial, had been placed on the exchange’s roadmap. The post included the token’s contract address and stated: “The launch of trading for these assets is contingent on market-making support, and sufficient technical infrastructure. We will announce the launch of trading separately once these conditions have been met.”
However, just a few hours later, Coinbase formally announced: “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 and Coinbase Exchange] in the regions where trading is supported.” This marked the official go-live of USD1 on the platform.
Shortly after Coinbase's update, Eric Trump reshared the announcement and wrote: “USD1 is officially on Coinbase. More [World Liberty Financial] news to come very soon.” Market observers viewed this as a clear endorsement of the Trump family’s deepening involvement in the crypto space.
USD1 Market Position and Background
USD1 is a fiat-backed stablecoin managed by World Liberty Financial, a decentralized finance (DeFi) initiative supported by the Trump family. According to Defillama.com’s stablecoin data, USD1 is currently the sixth-largest stablecoin by market capitalization, standing at approximately $2.422 billion. The token has seen an inflow of $212 million over the past month, indicating growing adoption.
Before USD1, Coinbase already supported six stablecoins: USDC, USDT, USDP, DAI, PYUSD, and EURC. The addition of USD1 further diversifies Coinbase’s stablecoin offerings and provides World Liberty Financial with broader liquidity access.
It should be noted that the original article carried a timestamp of August 21, 2025, which is used here as the primary reference despite the detection date discrepancy in the metadata.