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The USD1 stablecoin added $150 million to its market capitalization after Binance announced an incentive program offering up to 20% yield.
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 stablecoinās market capitalization climbed from $2.74 billion to $2.89 billion on Wednesday after Binance announced its ābooster program,ā offering up to 20% annual percentage rate (APR) on USD1 flexible products for deposits exceeding $50,000.
The āfirst promotionā was designed to āhelp USD1 holders to maximize their rewardsā and runs until Jan. 23, 2026, with passive yield for the bonus tiered APR distributed directly in Binance usersā earn accounts daily, according to the announcement.
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