#USD1

Binance has officially listed World Liberty Financial USD (USD1), a U.S. dollar-pegged stablecoin, on its platform. Trading for the USD1/USDT pair commenced today, May 22, 2025, at 12:00 UTC, with withdrawals set to open tomorrow, May 23, at the same time .

Key Details About USD1

Issuer: World Liberty Financial (WLFI), a fintech firm based in Miami, Florida.

Regulatory Oversight: Issued and managed by BitGo Trust Company, a regulated trust entity in South Dakota, ensuring compliance with U.S. regulatory standards .

Backing: Fully backed by U.S. Treasuries and other cash equivalents, aiming to maintain a 1:1 peg with the U.S. dollar .

Blockchain Deployment: Initially launched on Ethereum and Binance Smart Chain, with plans to expand to other protocols .

Market Performance

Since its launch in April 2025, USD1 has rapidly gained traction, achieving a market capitalization of approximately $2.14 billion. Following the Binance listing announcement, trading volume surged by 31.9%, indicating strong market interest .

USD1 is currently ranked as the seventh-largest stablecoin globally, with over 99% of its supply issued on the Binance-backed BNB Chain .

Political and Institutional Context

USD1 is notably backed by former U.S. President Donald Trump and his family, adding a political dimension to its adoption. The stablecoin has attracted institutional attention, exemplified by a $2 billion investment from UAE-based MGX, which was settled using USD1 .

Trading Information

Trading Pair: USD1/USDT

Deposits: Now open

Withdrawals: Available from May 23, 2025, at 12:00 UTC

Listing Fee: 0 BNB

For real-time price updates and trading, you can visit the Binance USD1 price page.