World Liberty Financial, co-founded by the Trump family, launched the USD1 stablecoin in 2025, which is projected to generate $150 million in profits in 2026. The stablecoin is backed by US dollars and government money market funds, attracting institutional investors. Binance holds about 87% of USD1's supply, boosted by a promotional partnership and a $2 billion investment deal with MGX in 2025. The Trump family owns roughly 40% of World Liberty Financial and receives a large share of the revenue, increasing their net worth by over $1 billion. Potential risks include regulatory scrutiny and heavy reliance on Binance as the main distribution channel.
Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...
BNB Chain's tokenized real-world asset (RWA) value surged 60% quarterly to reach $3.6 billion, driven mainly by tokenized treasuries from Circle, BlackRock, and Ondo. Despite this growth, the network's on-chain revenue fell to $43.4 million in Q1 202...
Ethereum's price plunged 10% on June 5, leading a broad altcoin sell-off that pushed total altcoin market capitalization below $880 billion. Zcash fell over 40% after an AI-discovered security flaw in its Orchard shielded pool was revealed, causing p...
Binance recorded a net inflow of $47.3 million in USDT within one hour, indicating a significant movement of stablecoin capital into the exchange. This inflow suggests traders may be positioning to buy cryptocurrencies like Bitcoin or Ethereum, altho...
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
