Trump-Linked USD1 Stablecoin Surges on Binance Yield Program

[kevin1]

The USD1 stablecoin, linked to former President Donald Trump’s family, gained $150 million in market cap after Binance launched a yield program offering up to 20% APR for deposits over $50,000. The promotion, running until Jan. 23, 2026, distributes passive yield daily to users’ accounts. USD1’s market capitalization climbed from $2.74B to $2.89B, making it the seventh-largest stablecoin globally, trailing only behind PayPal USD. This surge reflects USD1’s growing role within Binance’s ecosystem, which now supports fee-free trading pairs and converts BUSD collateral into USD1.

[tradelikepro]

BUSD collateral into USD1, Binance really pushing their ecosystem hard