On-chain analyst Darkpost reported that World Liberty Financial (WLFI)'s stablecoin USD1 has surpassed a cumulative trading volume of $50 billion on Binance. This comes approximately one year after its launch. USD1 is a dollar-pegged stablecoin launched in March last year by World Liberty Financial, a company co-founded by the family of former U.S. President Donald Trump. He noted, "However, there are points to be aware of when interpreting the growth. A $2 billion institutional settlement transaction related to Binance's investment accounts for a significant portion of the new issuance, which may distort the current figures. Nevertheless, USD1's weekly trading volume on Binance currently remains above $750 million to $2 billion. This indicates a steady increase in actual usage. He assessed, 'Considering Binance's share in stablecoin trading, this is significant growth.'"
