USD1 trading pairs have surged to nearly 90% of memecoin volume. | Credit: Chip Somodevilla/Getty Images
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Key Takeaways
USD1 trading pairs now account for nearly 90% of total memecoin trading volume.
BUILDon (B) drives over 90% of USD1’s daily meme coin activity and holds nearly 25% of all meme coin users.
The Trump-linked stablecoin is expanding rapidly, with new listings on Binance, Bitget, and growing DeFi integrations.
The memecoin market has found an unlikely anchor, a stablecoin linked to U.S. President Donald Trump.
USD1, issued by World Liberty Financial (WLFI), has rapidly overtaken the space.
Trading volume for USD1-based pairs has surged from 50% to nearly 90% of the total memecoin market in just one week, according to data from TKVResearch.
With a current market cap of $2.15 billion, USD1 has also become the fifth-largest stablecoin by this metric, suggesting strong investor interest beyond just political novelty.
TKVResearch also notes that over half of traders engaging in USD1-paired memecoins have already booked profits—a sign that the hype, for now, has benefited early adopters.
Trader Profits Vary Across the Ecosystem
Not all tokens linked to USD1 are performing equally well. Recent decentralized exchange data shows wide variance in profitability:
B leads the way, with nearly 90% of traders in profit.
Others, like captainBNB and TUT, show a near-even split, with just under half of traders profiting.
Tokens such as T and D report profitability rates above 60%.
This uneven performance may reflect trader sophistication or simply luck in an increasingly crowded field of memecoins.
Listings and DeFi Integrations Drive Growth
USD1’s rise is also being fueled by new exchange listings and DeFi integrations.
Following a high-profile listing on Binance, Bitget became the second major exchange to offer USD1 spot trading, with pairs against Tether (USDT) live as of May 28.
On the decentralized side, USD1 has gone live on Venus Protocol and is now the primary stablecoin in Dolomite’s Ethereum Mainnet liquidity pool.
WLFI has also approved an airdrop to early backers, potentially widening the holder base further.
Meanwhile, a $20 million vault partnership with Lista DAO enables crypto-collateralized borrowing of USD1 on Binance Chain.
Plans are underway to expand USD1’s role within Lista DAO’s liquidity pools and collateral ecosystem.
Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors.
Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
