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.