In a remarkable turn of events, the World Liberty Financial (WLFI) stablecoin project, backed by the Trump family, has achieved a significant milestone by minting an impressive $205 million worth of its USD1 token on Thursday. This recent minting has resulted in the total supply of USD1 soaring to $2.4 billion, marking the first notable increase since April. The timing of this surge is particularly intriguing, as it came just hours after a pro-stablecoin speech by Federal Reserve Governor Christopher Waller, igniting speculation about whether central bank indications are spurring private crypto growth.
In its recent announcement on social media platform X, WLFI proudly proclaimed USD1 as “the fastest-growing stablecoin of all time,” boasting full backing by U.S. dollars and Treasury bills. The project emphasizes transparency and reliability, positioning itself for the future of global finance.
🚨 We just minted $205,000,000 of USD1 for the WLFI Treasury🚨 The fastest-growing stablecoin of all time continues to scale. Backed 1:1 by USD and U.S. Treasuries. Transparent. Reliable. Built for the future of global finance. $USD1 ☝️| $WLFI 🦅— WLFI (@worldlibertyfi) August 20, 2025
Since its launch in April, USD1 has made remarkable strides, quickly becoming the sixth-largest stablecoin globally, as detailed by CoinGecko data. It now trails well-established giants like Tether (USDT), with a staggering market cap of $167 billion and a 60% market share, and Circle’s USD Coin (USDC), which is valued at $67.4 billion and commands 24% of the market.
The timing of WLFI’s minting has captured considerable attention following Waller’s remarks at the Wyoming Blockchain Symposium. His speech is being hailed as one of the most crypto-friendly addresses ever delivered by a sitting Federal Reserve governor. Waller succinctly stated that there is “nothing to be afraid of” regarding digital payments and decentralized finance, highlighting the compatibility of stablecoins and blockchain transaction principles with traditional debit card payments. He also commended the recent introduction of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) as a crucial step towards broader adoption of these digital assets.
Christopher Waller, Member of the Federal Reserve Board of Governors of the United States, discusses the potential of distributed ledger technology, noting the Fed’s interest in integrating smart contracts into the U.S. payment system. The signals are increasingly optimistic… pic.twitter.com/Jm9XKHe0jc— Sergii Gerasymovych (@SergiiGera) August 20, 2025
Waller’s remarks reflect a broader trend of policy shifts suggesting a more lenient approach from the Federal Reserve. Earlier this year, the Fed retracted guidance from 2022 that dissuaded banks from engaging in stablecoin activities. Just last week, the Fed also terminated a supervisory program overseeing crypto operations, while Vice Chair Michelle Bowman considered allowing Fed staff to hold small amounts of cryptocurrency to better understand the technology. As Waller is perceived as a potential frontrunner to succeed Jerome Powell in 2026, his pro-crypto stance could play a pivotal role in influencing U.S. monetary policy.
The stablecoin market, currently valued at around $280 billion, is poised for explosive growth, with predictions indicating it could reach the trillions in coming years. Goldman Sachs recently forecasted that increased stablecoin adoption could inject “trillions of dollars” into the digital finance sector, pointing to last quarter’s impressive $7 trillion in transaction volumes as a precursor to a financial system on the brink of transformation. The U.S. Treasury has estimated that the stablecoin market could reach $2 trillion by 2028, suggesting that a clear regulatory framework will drive demand for U.S. Treasuries.
These insights likely explain the escalating interest in WLFI’s USD1. Unlike many decentralized finance (DeFi)-centered stablecoins, the Trump-associated token aims to serve as a vehicle for sovereign transactions and institutional treasuries. Cryptocurrency expert VirtualBacon speculated that USD1 could potentially grow its supply to $100 billion, should it capture even a small portion of the expansive U.S. Treasury market, likening it to a financial instrument designed for Middle Eastern family offices and sovereign wealth funds.
WLFI’s USD1 stablecoin could become the #3 stable by maturity. Unlike DeFi-focused stables, it’s targeting treasuries, sovereign deals, and Middle Eastern family offices. Rising from $2B to $100B supply is realistic when the Treasury market is trillions. That’s the opportunity. pic.twitter.com/uLxzu02kku— VirtualBacon (@VirtualBacon0x) August 20, 2025
The surge in USD1 coincides with a broader trend of stablecoin expansion, with July marking the 22nd consecutive month of growth and total capitalization climbing to $261 billion. As part of this momentum, World Liberty Financial is ambitiously pursuing a $1.5 billion raise to establish a publicly traded treasury company that will manage its WLFI tokens and cash reserves. This move would underscore the Trump family’s increasing footprint in the digital asset landscape.
Since launching last fall, WLFI has introduced its native WLFI token and the USD1 stablecoin, reportedly racking up $550 million in sales. Recent figures from Nansen indicate that WLFI treasury holdings amount to $548 million, with USD1 now being its largest crypto asset, valued at $212 million, accounting for 39% of the total assets. The portfolio also includes $85 million in Aave Ethereum USDT and 19,650 ETH worth another $85 million.
Additionally, the group has steadily increased its Ethereum holdings. On July 29, World Liberty invested $1 million in ETH, acquiring 256.75 coins at an average price of $3,895, following a $2 million purchase the week prior and a $13 million swap for 3,473 ETH earlier in the month. Since May, the platform has amassed a whopping 77,226 ETH, currently valued at around $296 million, resulting in an unrealized profit of $41.7 million.
But WLFI isn’t just focused on token accumulation; it’s also advancing its decentralized finance roadmap. Updates released in June showcased the launch of a Bridge functionality for its USD1 stablecoin, with additional features such as Swap and Lending modules expected to launch soon.
We’re proud to back Falcon Finance with a $10M investment. USD1 is the fastest growing fiat-backed stablecoin—and now it’s live as collateral on Falcon. Together, we’re setting a new on-chain standard for the dollar. Let’s build. https://t.co/2Zout8PmGF— WLFI (@worldlibertyfi) July 31, 2025
On June 31, World Liberty Financial announced a $10 million investment in Falcon Finance, which aims to establish the first universal collateralization infrastructure for on-chain liquidity and yield. With USD1 now functioning as collateral on Falcon, WLFI is further entrenching itself in the rapidly evolving stablecoin market. The implications of these developments are significant, not only for investors but also for the broader financial landscape, hinting at a future where digital currencies could seamlessly integrate into our daily lives.
This surge in activity within the stablecoin sector prompts us to consider: how will these shifts impact the traditional financial system? As institutions begin to embrace stablecoins more fully, the future may well be defined by the innovative integration of digital assets into conventional commerce. Stay tuned, as the journey of USD1 and the broader stablecoin ecosystem unfolds!