According to CoinMeta, as reported by CNBC, World Liberty Financial indicates that the growth of USD1 stems from market demand, rather than political relationships. Currently, the circulation scale of USD1 exceeds $4 billion. CEO Zach Witkoff states that the growth of USD1 comes from the product itself and market adoption. USD1 was previously used in a $2 billion investment transaction by MGX in Binance. World Liberty Financial has received preliminary conditional approval from the US Federal Reserve (OCC) for a national trust bank license, and plans to issue and redeem USD1 through World Liberty Trust Company. Some Democratic members of Congress in the United States have raised concerns about potential conflicts of interest regarding this project and its connection to the Trump family.