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USD1 Stablecoin Rises to 7th Largest Amid Binance Yield Program
USD1 Stablecoin Market Cap Surge
- The market capitalization of USD1 stablecoin increased by $150 million on December 24.
- This rise coincided with Binance's announcement of a yield program for USD1, offering up to a 20% yield.
- USD1 is now the seventh-largest stablecoin in the industry.
Binance Yield Program Details
- USD1 market cap rose from $2.74 billion to $2.91 billion, boosted by Binance's announcement.
- The Binance Booster program includes a special 20% APR offer for a limited number of USD1 deposits.
- The program runs from December 24 to January 23, 2026.
USD1 Ecosystem Developments
- World Liberty Financial plans to launch a debit card integrating with Apple Pay.
- This initiative aims to facilitate seamless transactions for USD1 stakeholders.
- The app will combine peer-to-peer payments with trading features similar to Robinhood.
- This complements the upcoming retail application and enhances the USD1 ecosystem.