Eric Trump has publicly supported USD1, a new stablecoin that is set to be listed on Coinbase. The stablecoin was added to Coinbase’s official listing roadmap on August 12, 2025. This means Coinbase plans to make USD1 available for trading in the future. However, the listing depends on certain factors. Coinbase needs to see enough liquidity and ascertain the technical systems are ready before trading begins. Once everything is prepared, Coinbase will make a separate announcement to tell the public when USD1 trading goes live.
Adding USD1 to the roadmap is seen as a sign that the coin might become more widely used. Coinbase’s decision shows confidence in USD1’s potential. Still, the launch is not guaranteed. It depends on regulators reviewing the stablecoin and market conditions at the time. Coinbase emphasizes that the actual trading depends on these factors, even if USD1 is on the roadmap.
USD1 is backed by U.S. dollar reserves and U.S. Treasuries. This backing aims to keep the stablecoin stable and secure. The total supply of USD1 recently increased by $205 million, reaching $2.4 billion. The project’s treasury holds around $548 million, with USD1 representing about 39% of those holdings. A large part of USD1, about $2 billion, has been allocated to Abu Dhabi’s MGX through a partnership with Binance. To promote demand, USD1 offers user incentives like loyalty rewards, encouraging people to hold, trade, and stake the coin. The stablecoin’s backing and supply metrics have attracted institutional interest, reflecting its market potential.
Eric Trump’s support came when he reposted Coinbase’s announcement about USD1’s upcoming listing. Although his involvement is indirect, it has increased visibility. The Trump family’s ties to the project have sparked discussions about influence and market promotion. Public endorsements from well-known figures can boost the coin’s reputation and attract more investor interest.
Coinbase also warns users not to deposit USD1 before trading begins. Early deposits could lead to permanent loss if the market is not yet supportive. The exchange is working to be transparent by publishing contract addresses before trading starts. Some tokens are labeled “experimental” to warn users of higher risks.
Meanwhile, USD1’s supporters plan to launch a loyalty program with rewards for trading and holding the coin, with future plans to connect it to DeFi apps and a mobile wallet. [The exchange’s multi-network strategy aims to expand the ecosystem and diversify asset offerings, including plans for Solana integration.
