USD1 stablecoin reserves reach $4.7 billion, with Trump family holdings valued at $2.6 billion

According to Bloomberg, World Liberty Financial's stablecoin USD1 has a reserve size of $4.7 billion and is expected to generate approximately $147 million in revenue this year. USD1 holdings are mainly concentrated in Binance, which is different from Circle's model of sharing 50% of USDC earnings with Coinbase. World Liberty provides marketing budgets to Binance but does not share profits. The Bloomberg Billionaires Index includes for the first time the World Liberty shares held by the Trump family, with a corresponding valuation of approximately $2.6 billion and a total family asset valuation of $7.8 billion.