World Liberty's USD1 market cap drops over $400M in two weeks
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
World Liberty Financial's USD1 stablecoin lost over $400 million in market cap over two weeks amid redemptions across Ethereum and BNB Chain, according to Cointelegraph.
World Liberty Financial's USD1 stablecoin recorded a market capitalization drop of more than $400 million across a two-week span following heavy redemption activity, Cointelegraph reported on October 19, 2026. The 9.1% contraction involved redemptions across both the Ethereum and BNB Chain networks. Researchers tracked nearly $200 million of the redemptions on BNB Chain to a single wallet address.
Key facts
- $400M+ market cap drop
- 9.1% decline in two weeks
- Ethereum and BNB Chain
- ~$200M from single address
Read the original at Cointelegraph