Trump-affiliated World Liberty Monetary has issued its USD1 stablecoin throughout a number of key blockchains; nonetheless, Binance Sensible Chain far dominates the others, thanks largely to a single enterprise deal.
Of the roughly $2.6 billion in USD1 that’s been issued, over $2.1 billion was issued on Binance Sensible Chain, and the majority of the tokens have been issued as a part of Abu Dhabi-based MGX’s $2 billion funding in Binance.
Binance founder, Changpeng Zhao, has sought a pardon for his conviction for cash laundering from Donald Trump.
The second largest chain for USD1 is Ethereum, the place roughly $300 million price of tokens have been issued. Of those tokens, $100 million price are saved in a World Liberty Monetary multisignature pockets.
The third largest is Solana, the place roughly $180 million price of USD1 tokens have been issued, with over half of them saved in 3Fy5oFavnWzTZ8YRBhZkyT3ioKtBSDVVxFkbSPefJHyF.
The second smallest is TRON, the blockchain based by World Liberty Monetary’s largest investor and advisor, Justin Solar, with roughly $50 million price of whole tokens issued on this chain.
The smallest blockchain for USD1 is Plume Community, which makes use of USD1 as collateral for its personal stablecoin pUSD. There are roughly $20 million price of USD1 issued on this chain.
