USD1 Hits $4.5B in Circulation, Claiming Fastest-Growing Stablecoin Title in Under a Year!

USD1 has reached $4.5 billion in circulation since its launch less than a year ago, according to Zach Witkoff, who described it as the fastest-growing stablecoin ever. The milestone places USD1 among the most significant new entrants in the stablecoin market, a space historically dominated by established players like USDT and USDC.

The speed of adoption signals strong demand for new dollar-pegged alternatives, particularly as institutional and retail appetite for stablecoins continues to expand. Reaching $4.5B in under twelve months is a benchmark that took most major stablecoins several years to clear, underscoring how rapidly the competitive landscape is shifting.