Trump family-linked USD1 supply up $150M as Binance rolls out yield program

cointelegraphPublished on 2025-12-24Last updated on 2025-12-24

Abstract

The Trump family-linked USD1 stablecoin gained $150 million in market capitalization after Binance launched a yield program offering up to 20% APR on USD1 deposits over $50,000. This promotion, running until January 2026, contributed to USD1's growth, making it the seventh-largest stablecoin globally. Binance has expanded support for USD1, including fee-free trading pairs and converting BUSD collateral to USD1. The stablecoin is part of the Trump family’s crypto ventures, which reportedly generated $802 million in the first half of 2025. However, questions remain about Binance's involvement in developing USD1, with lawmakers raising concerns over potential conflicts of interest.

The World Liberty Financial USD (USD1) stablecoin linked to the family of US President Donald Trump gained $150 million in market capitalization on Wednesday after Binance announced a yield program centered around the token.

The stablecoin’s market capitalization climbed from $2.74 billion to $2.89 billion on Wednesday after Binance announced its “booster program,” offering up to 20% annual percentage rate (APR) on USD1 flexible products for deposits exceeding $50,000.

The “first promotion” was designed to “help USD1 holders to maximize their rewards” and runs until Jan. 23, 2026, with passive yield for the bonus tiered APR distributed directly in Binance users’ earn accounts daily, according to the announcement.

The USD1 stablecoin is part of the Trump family’s growing crypto ventures, which reportedly generated about $802 million in income in the first half of 2025.

*USD1 market capitalization, one-week chart. Source:* *CoinGecko.com*

Related: Justin Sun urges Trump-linked WLFI to unlock ‘unreasonably’ frozen tokens

USD1 soars to become seventh-largest stablecoin

Binance has been launching increasingly more products, making USD1 a growing part of its ecosystem.

On Dec. 11, the exchange expanded support for the USD1 stablecoin by adding fee-free trading pairs for the leading cryptocurrencies and said it would convert all collateral assets backing its Binance USD (BUSD) stablecoin into USD1 at a 1:1 ratio.

In May, USD1 was used to settle MGX’s $2 billion investment into Binance Exchange, according to an announcement by Eric Trump during a panel discussion at Token2049 in Dubai.

Related: Trump-linked WLFI invests $10M in Falcon Finance for stablecoin development

The increasing ecosystem implementations from the world's biggest exchange have been part of the stablecoin’s climb to become become the seventh-largest stablecoin by market capitalization in the world, trailing PayPal USD (PYUSD).

*Top stablecoins by market capitalization. Source: CoinGecko.com*

However, some questions remain unanswered regarding the ties between Binance and WLFI, as a July Bloomberg report suggested that Binance was responsible for developing some of the code behind USD1, citing anonymous sources familiar with the matter.

In response to the article, Binance founder Changpeng Zhao claimed that it contained factual errors, and teased that he might “sue them again for defamation.”

Lawmakers have also raised concerns about the alleged relationship. In October, Connecticut Senator Chris Murphy said Binance.US, a separate legal entity of the exchange, was “promoting Trump crypto,” a week after Trump “pardoned Binance’s owner.”

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

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The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

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The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

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2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

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From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

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Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

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What is DOGE M

Doge Matrix ($doge m): The New Breed of Community-Driven Cryptocurrency Introduction In the ever-evolving landscape of cryptocurrency, new projects constantly emerge, each aiming to capture the interest of investors and enthusiasts alike. One of the latest entrants to this domain is Doge Matrix, represented by the ticker symbol $doge m. This project has attracted attention thanks to its roots in the popular meme culture surrounding Dogecoin, establishing its place within the web3 space. This article aims to provide a comprehensive analysis of Doge Matrix, covering its overview, creator, investors, functionality, timeline, and notable aspects. What is Doge Matrix ($doge m)? Doge Matrix is a community-driven cryptocurrency project that seemingly builds upon the widespread appeal of Dogecoin, a digital currency known for its Shiba Inu mascot and its meme origins. While the overarching objectives of Doge Matrix are not extensively defined, it is characterized by a commitment to harnessing community involvement and support. Unlike traditional cryptocurrencies that often emphasize utility or intrinsic value through underlying technologies, Doge Matrix positions itself within a space that embraces the cultural phenomenon of cryptocurrencies, particularly appealing to those who resonate with the ethos of meme-based assets. Drawing on the strengths of the Dogecoin community, Doge Matrix operates as part of a broader ecosystem, inviting participation and engagement from users who share an interest in cryptocurrency and the digital landscape. Who is the Creator of Doge Matrix ($doge m)? The identity of the creator of Doge Matrix remains unknown. This lack of transparency is not an uncommon occurrence in the cryptocurrency space, where some projects are launched without revealing the identities of their founders. The absence of information regarding the founding team can raise questions among potential investors about the project’s accountability and direction. Who are the Investors of Doge Matrix ($doge m)? As it stands, there is no publicly available information detailing the investors or investment foundations that back Doge Matrix. The project appears to rely primarily on community support rather than institutional investment. This model aligns with the community-driven nature of the initiative, fostering an environment where the direction of the project is shaped by its participants rather than being dictated by a select few financial backers. How Does Doge Matrix ($doge m) Work? The specifics regarding the operational mechanisms of Doge Matrix are somewhat vague, reflecting a broader trend of projects in the meme coin space where innovative functionalities are not always clearly articulated. Nonetheless, Doge Matrix seems designed to tap into the existing cryptocurrency ecosystem by encouraging user participation while tapping into the familiar cultural references associated with Dogecoin. Its potentially unique characteristics derive from community interactions rather than technological advancements, emphasizing shared experiences and collaboration among token holders. While the exact innovations have not been explicitly outlined, the project appears to create a space where community members can engage, share ideas, and propel the project's potential forward. Timeline of Doge Matrix ($doge m) Reflecting on the project’s timeline reveals notable events that have defined its journey thus far: November 25, 2024: Doge Matrix reached its all-time high value, marking a significant milestone in its early history. January 1, 2025: Conversely, Doge Matrix hit its all-time low value, illustrating the volatility often associated with cryptocurrencies, especially in the early stages of a project's lifecycle. Ongoing: The project continues to be actively traded and supported by its community, although specific future milestones or objectives have yet to be disclosed. Key Points About Doge Matrix ($doge m) Community Focus At the heart of Doge Matrix is a commitment to community engagement. The project thrives on the premise of collaboration and shared objectives among its members, emphasizing the importance of collective effort. Unlike centralized projects that often have a defined leadership structure, Doge Matrix at present showcases a more fluid approach to governance, where every community member's voice matters. Volatility The cryptocurrency market is notorious for its volatility, and Doge Matrix is no exception. Its price history reflects significant fluctuations between high and low values, which is typical of many new cryptocurrencies but underscores the risks associated with investment in emerging tokens. Lack of Detailed Information One of the most striking features about Doge Matrix is the scarcity of detailed information regarding its technological underpinnings and operational mechanisms. This ambiguity necessitates that potential investors conduct thorough due diligence before engaging with the project. Conclusion In summary, Doge Matrix ($doge m) illustrates a new wave of cryptocurrency projects that lean heavily on community engagement and cultural relevance. While lacking in certain specifics—such as clear leadership, defined objectives, and detailed functionality—the project has managed to generate interest within the crypto community, leveraging the established appeal of meme culture. As with any investment in the cryptocurrency space, understanding the inherent risks and conducting comprehensive research is essential for potential participants. Doge Matrix stands as a reminder of the dynamic, sometimes unpredictable nature of the crypto industry, marked by constant evolution and enthusiasm for community-driven initiatives.

4.1k Total ViewsPublished 2025.02.03Updated 2025.02.03

What is $M

Understanding Mantis ($M): A New Era in Cross-Chain Interoperability In the continually evolving landscape of Web3 and cryptocurrency, new projects strive to offer innovative solutions aimed at enhancing the user experience and expanding functional possibilities within the decentralized financial ecosystem. One such project garnering attention is Mantis ($M), a pioneering protocol founded on the principles of cross-chain interoperability and intent-based settlements. This article delves into the essential aspects of Mantis, including its core functionality, creators, investment backing, innovative features, and critical milestones. What is Mantis ($M)? Mantis is described as a multi-domain intent settlement protocol that simplifies cross-chain interactions, enabling users to execute complex financial transactions across various blockchain platforms seamlessly. The protocol operates through three primary layers: Intent Expression: Users can articulate their transaction goals using natural language facilitated by the DISE LLM, an advanced AI language model. For instance, a user might express a desire to swap Ethereum (ETH) for Solana (SOL) with a specific slippage tolerance of 1%. Execution: This layer employs a network of solvers that compete to fulfill user intents. Transactions are executed using mechanisms such as Coincidence of Wants (CoWs) and Order Flow Auctions (OFAs), which ensure that user demands are met optimally. Settlement: Leveraging the Inter-Blockchain Communication (IBC) protocol, Mantis enables atomic cross-chain transactions, allowing users to operate across various supported chains, including Ethereum, Solana, and Cosmos. Mantis is engineered to introduce native yield generation for idle assets, employing cryptographic proofs to maintain the integrity of transactions throughout the entire process. Creators & Development Team Mantis was conceived by the Composable Foundation, a research-driven organization notable for its emphasis on blockchain interoperability solutions. This foundation collaborates with esteemed academic institutions, including Harvard University and the University of Lisbon, contributing to extensive research and development efforts that inform Mantis's architecture and functionality. The Composable Foundation’s commitment to fostering innovation in the blockchain space positions Mantis as a robust solution for the growing demand for interoperability among multiple blockchain networks. Investors & Backing While specific details about individual investors have not been publicly disclosed, Mantis enjoys substantial backing from various entities, including: Ecosystem grants from IBC-enabled chains, which support the protocol's growth and integration within decentralized finance ecosystems. Strategic partnerships with infrastructure providers that enhance Mantis's network capabilities and deployment strategies. Funding through the Composable Foundation's treasury, ensuring sustained financial support for ongoing development and operational costs. These collaborative efforts reflect a consensus among stakeholders about the importance of enhancing cross-chain functionality and the potential utility of Mantis's infrastructural innovations. Key Innovations Mantis sets itself apart through several pioneering innovations that enhance its functionality and utility: Chain-Agnostic Intents: Users can initiate transactions from any supported chain while settling on another. This flexibility empowers users, driving increased interaction among different platforms. AI-Powered Interface: The integration of DISE LLM allows users to conduct complex DeFi operations using natural language, thereby simplifying interactions and making blockchain technology accessible to a broader audience. Cross-Domain MEV Capture: Mantis creates an internal market for maximal extractable value (MEV) through competitions among solvers. This innovative approach allows for greater efficiency and value extraction in complex transactions. Modular Settlement Layer: The protocol supports various verification methods, including zero-knowledge proofs and optimistic rollups, providing a versatile framework that can adapt to emerging blockchain technologies. Historical Timeline Mantis's development is marked by several critical milestones that chart its trajectory and growth: | Year | Milestone | |————|————————————————————————-| | 2022 | Initial concept development within the Composable Foundation's research division. | | Q3 2024 | Launch of the testnet with bridging capabilities between Solana and Ethereum. | | Q1 2025 | Anticipated Token Generation Event (TGE) alongside the mainnet launch. | | Q2 2025 | Expected integration of DISE LLM and expansion of cross-chain capabilities. | | 2025 H2 | Planned support for over 15 chains through further IBC upgrades. | This timeline outlines Mantis's evolution, from conceptual discussions to active implementation and future growth phases. Ecosystem Growth Strategy Mantis's strategy for ecosystem growth includes several initiatives designed to encourage user participation and developer engagement: Credits System: Users can earn protocol credits by providing liquidity and engaging in referral programs. These credits are redeemable for incentives in the future, fostering a robust user community. Modular Software Development Kit (SDK): This toolkit empowers developers to create applications based on intent-driven models utilizing Mantis's infrastructure, thus promoting innovation within its ecosystem. Governance Model: As the protocol matures, $M token holders will have a voice in protocol governance, allowing them to vote on proposed upgrades and changes, thereby enhancing community engagement and decentralization. Mantis represents a significant advancement in the realm of cross-chain architecture. By seamlessly integrating advanced AI algorithms with a robust settlement framework, Mantis seeks to tackle the problems of fragmentation within multi-chain ecosystems. Its innovative approach prioritizes improved user experiences while adhering to the foundational principles of decentralization and security, setting a new standard for the future interoperability of blockchain technologies. As Mantis continues its journey of growth and implementation, it promises to be a project to watch closely in the competitive landscape of Web3 and decentralized finance. With its focus on crossing boundaries and elevating user engagement, Mantis is poised to be an integral part of the future developments in the cryptocurrency space.

614 Total ViewsPublished 2025.03.18Updated 2025.03.18

How to Buy M

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8.3k Total ViewsPublished 2025.07.02Updated 2026.06.02

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Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of M (M) are presented below.