Coinpaper
2026-01-23 17:26:09

USD1 Overtakes Paypal’s PYUSD in Market Cap as Binance Announces Airdrop

World Liberty Financial’s USD1 stablecoin has crossed a major milestone, and is now larger than PayPal's PYUSD . That’s according to Eric Trump. In a post shared on X, he framed the surge not simply as a crypto milestone but as evidence that “the future of global money” is being built in real time. “This isn’t just about crypto,” he wrote . “It’s about building the future of global money. The shift is happening.” The declaration comes as USD1’s footprint expands across exchanges, merchant payment rails, and emerging digital-asset platforms aligned with the broader World Liberty Financial (WLFI) ecosystem. Launched in March 2025, the stablecoin has been framed by its backers as an alternative to major players like PayPal and Circle—an effort combining political momentum, brand recognition, and a rapidly intensifying marketing push. Binance’s $40 Million WLFI Airdrop Supercharges USD1 Adoption A key driver behind USD1’s accelerating momentum is Binance’s newly launched airdrop reward program for WLFI, which is the project’s native governance and incentive token. Earlier today, Binance unveiled one of the most ambitious stablecoin-linked reward campaigns in recent memory: a four-week, $40 million WLFI airdrop set to run through Feb. 20, 2026. The exchange will distribute $10 million in WLFI each week, sending rewards to users who hold USD1 across eligible Binance accounts. The structure functions like a high-yield incentive program. Hourly snapshots determine each user’s lowest USD1 balance; a seven-day average is then converted into WLFI rewards based on effective APR calculations. Spot balances earn standard rewards, while USD1 deployed as margin or futures collateral receives a 1.2x multiplier—boosting weekly earnings for active traders. The airdrop, however, comes with tight geographic restrictions. Users across the U.S., UK, most of Europe, Japan, Russia, and Canada are excluded due to regulatory constraints. Full KYC is required, and broker accounts are barred from participating. The exchange has positioned the program as part of its broader strategy to accelerate USD1 liquidity and deepen WLFI’s relevance at a moment when the stablecoin sector is increasingly intertwined with U.S. political dynamics. A Politically Charged Stablecoin Push World Liberty Financial, seen widely as aligned with Donald Trump’s digital-asset agenda, has become one of the most polarizing entrants in the stablecoin market. Its pitch, framing USD1 as an American-first digital dollar built for global commerce, has resonated with supporters while raising questions among critics about regulatory risk, transparency, and political entanglement. Binance’s aggressive campaign marks one of the strongest endorsements from a top-tier exchange and suggests that USD1’s initial traction is translating into real market incentives. By pairing WLFI rewards with USD1 holdings, Binance is effectively helping bootstrap the ecosystem’s liquidity and on-chain footprint. The push arrives amid a broader reshaping of stablecoin regulation in Washington, where 2026 is expected to be a pivotal year for legislation governing tokenized dollars, exchange oversight, and politically connected financial technologies.

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