USD1 Stablecoin Nears 90% Circulation on BNB Chain

According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.

This milestone follows a recent boost. USD1 was added to BNB Chain’s zero-gas-fee stablecoin initiative, further driving adoption.

BNB Chain Dominance Fuels Growth

With roughly 101 million USD1 circulating on BNB Chain, this blockchain has become the stablecoin’s clear home base. The network is known for its low fees, fast transactions, and massive DeFi user base. Making it a natural fit for a new stablecoin looking to scale quickly.

Adding USD1 to BNB Chain’s 0 gas fee program. This waives transaction costs for users interacting with selected stablecoins, giving it a meaningful edge. This trend follows similar campaigns where chains subsidize user activity to spark stablecoin usage and grow their DeFi ecosystems.

Source: Dune

USD1 is a cornerstone of WLFI’s broader financial ecosystem. The project, which has ties to the Trump family, aims to create a pro-American crypto infrastructure that supports payments, remittances, and on-chain commerce. While still early, WLFI is positioning USD1 as a tool for both digital efficiency and political branding—a mix not often seen in the world of stable assets.

By focusing its launch on BNB Chain rather than Ethereum, where gas fees remain high, WLFI also demonstrates a strategic choice for accessibility and cost efficiency. The 0 gas fee activity acts as a sweetener for new users, especially those exploring crypto for the first time or transacting in smaller amounts.

More About WLFI

DWF Labs is stepping up its U.S. presence with the opening of a new office in New York City and a strategic $25 million purchase of WLFI tokens. This move signals the firm’s growing commitment to institutional crypto adoption in the American market. The investment in World Liberty Finance (WLFI), a decentralized finance protocol focused on transparency and inclusion, aligns with DWF’s mission to build institutional-grade digital finance.

The expansion will fuel deeper partnerships with U.S. banks and fintech companies, boost recruitment across trading, compliance, and business development, and strengthen policy outreach and academic collaboration. Additionally, DWF Labs will provide enhanced liquidity support for USD1, WLFI’s fully backed and redeemable stablecoin.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.