Binance launched a USD1 “booster program” offering up to 20% APR on flexible USD1 deposits above $50,000 (promotion runs through Jan. 23, 2026), and expanded USD1 support (fee-free trading pairs, conversion of BUSD collateral). Following the launch, USD1’s market cap rose about $150M (from $2.74B to $2.89B), making it the seventh-largest stablecoin. USD1 has been used in large transactions (e.g., MGX’s $2B investment into Binance). Separately, Bloomberg reported Binance was developing USD1 code; Binance’s CEO disputed that and threatened legal action, and lawmakers have raised concerns about ties between Binance and World Liberty Financial (WLFI).

Facts: Binance launched a time-limited booster program offering up to 20% APR on USD1 deposits >$50k, and expanded USD1 support; USD1 market cap rose ~$150M to $2.89B and became the seventh-largest stablecoin. Also cited: major USD1 usage in a $2B transaction and public dispute and lawmaker concern over Binance–WLFI links. These facts point to increased demand (positive) but also regulatory/legal scrutiny (caution).