Etherscan and BscScan List World Liberty Financial USD (USD1): What’s the Story?

A post from Binance co-founder Changpeng Zhao (CZ) stirred rumors of a new stablecoin. But World Liberty Financial stepped in via X to debunk the hype, confirming that USD1 is not yet live on any market—and warning users to remain vigilant against possible scam tokens.

What’s Up with USD1? Token Spotted, But Trading Not Live

Blockchain explorers Etherscan and BscScan report a circulating supply of 3.5 million USD1 tokens. Activity from addresses tied to Wintermute and BitGo has sparked speculation, though no formal link to World Liberty Financial has been confirmed.

Following growing curiosity, CZ and representatives from World Liberty Financial clarified that USD1 is not yet live on any trading platforms.

Сheck this out: World Liberty Financial Officially Launches Strategic Token Reserve

What’s Driving USD1 Hype? It’s Not Just the Token—it’s the Timing

USD1’s emergence couldn’t come at a more interesting time. With the GENIUS bill now in focus, U.S. regulators are eyeing new ground rules for stablecoins. The outcome could even influence how the dollar competes globally as a reserve currency.

At the same time, stablecoins are booming. More wallets, more capital—this sector just crossed the $230 billion mark and shows no signs of slowing down.

With two token sales behind it and roughly $550 million secured, World Liberty Financial is facing increased scrutiny. Its connections to former President Donald Trump’s family and certain unexplained transactions have raised eyebrows across the crypto community.

Still, no formal statement has been issued about the rollout of USD1—leaving many market participants hesitant to gauge the token’s future potential.

Read on: Stablecoin Market Cap Surges 1.5x in a Year: Dune & Artemis Report