Binance announces the listing of World Liberty Financial USD (USD1), further enriching the stablecoin trading ecosystem.

CN
5 hours ago

On May 22, 2025, Binance announced that it will officially launch World Liberty Financial USD (USD1) at 20:00 (UTC+8) and open the USD1/USDT spot trading pair. This marks Binance's further expansion in the stablecoin sector, providing users with more diversified digital asset trading options.

USD1: A New Choice for Dollar-Pegged Stablecoins

According to Binance's announcement, USD1 is a fiat-backed digital asset pegged to the US dollar at a 1:1 ratio, launched by the financial technology company World Liberty Financial (WLFI) based in Miami, Florida, in April 2025. This stablecoin aims to simplify the digital trading process by providing seamless interchangeability between fiat and digital assets, offering users an efficient and convenient trading experience. USD1 is issued and managed by the regulated trust entity BitGo Trust Company located in South Dakota, strictly adhering to relevant US regulatory standards to ensure compliance and asset security.

The launch of USD1 is seen as an important addition to the stablecoin market, aiming to meet users' diverse needs in cross-border payments, digital asset trading, and decentralized finance (DeFi) applications through stable value anchoring and a highly transparent operational mechanism. Binance stated that the recharge channel for USD1 is now open, and the withdrawal function is expected to be enabled on May 23, 2025, at 20:00 (UTC+8), with the specific time subject to the platform's actual display. Additionally, the listing fee for USD1 is 0 BNB, further reducing the cost of user participation.

Trading Restrictions and Compliance Requirements

Binance specifically pointed out in the announcement that due to regulatory policy differences in various countries and regions, some users may be unable to participate in the USD1/USDT spot trading pair. Currently, restricted regions include the European Union (EU) and the European Economic Area (EEA), Canada, Cuba, Crimea, Iran, Japan, the Netherlands, North Korea, Syria, the United States and its territories (including American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and non-government-controlled areas of Ukraine. Binance emphasized that this restricted list may be updated periodically due to changes in laws, regulations, or other factors, and users must complete account verification to ensure trading permissions.

To maintain a fair trading environment, Binance adopts a zero-tolerance policy towards any tampering with program code, malicious volume manipulation, bulk registration of sub-accounts, and wash trading, and reserves the right to disqualify related accounts from participation. Furthermore, Binance may modify or cancel activity rules based on actual circumstances to ensure transparency and fairness in platform operations.

Market Significance and Outlook

The launch of USD1 further enriches Binance's stablecoin product line and reflects the ongoing global demand for compliant stablecoins in the cryptocurrency market. In recent years, stablecoins have become an important component of the crypto market due to their price stability and wide range of application scenarios. With the regulated background of BitGo Trust Company and the financial technology strength of WLFI, USD1 is expected to secure a place in the stablecoin market.

Industry insiders analyze that Binance's decision to launch USD1 not only recognizes its technology and compliance but also indicates the platform's confidence in the importance of stablecoins in the future digital economy. The addition of USD1 may attract more users to participate in Binance's spot trading market while promoting the application of stablecoins in global payments and the DeFi sector.

User Notice and Risk Warning

Binance reminds users in the announcement that before trading USD1 on non-Binance platforms, they should conduct their own research to avoid fraudulent activities and ensure asset security. Additionally, since there may be differences between the English original version of the announcement and the translated version, users should refer to the English original for the latest and most accurate information.

With the official launch of USD1, Binance continues to solidify its position as a leader in the global cryptocurrency trading platform. It remains to be seen whether Binance will further expand the variety of stablecoin trading pairs or launch more innovative financial products, which is worth ongoing market attention.

For more detailed information: Binance to List World Liberty Financial USD (USD1)

Join our community to discuss this event

Official Telegram community: t.me/aicoincn

Chat room: Wealth Group

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

OKX限时福利:体验金周边等你拿
链接:https://www.okx.com/zh-hans/join/aicoin20
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink