New Currency on Binance 🚀🚀🚀🚀

USD1 is a new stablecoin launched by World Liberty Financial (WLFI), a company linked to the family of former U.S. President Donald Trump. This currency aims to provide a stable digital medium backed by the U.S. dollar, focusing on institutional use and cross-border transfers.

🪙 Overview of USD1

Issuance and Reserve: USD1 was launched in March 2025, and it is backed 1:1 by the U.S. dollar, with reserves including short-term U.S. Treasury bonds and cash deposits. These reserves are held by BitGo.

Supported Networks: USD1 operates on the Ethereum and BNB Chain networks, with plans to expand to the Tron network in the future.

Trading: USD1 can be traded on the PancakeSwap platform via the BNB Chain network.

📈 Performance and Adoption

Market Capitalization: USD1 has experienced rapid growth, with its market value rising from about $128 million to over $2.1 billion in just a few days, making it one of the fastest-growing stablecoins.

Institutional Adoption: USD1 was used in a $2 billion investment deal by the UAE government-backed company MGX to acquire a stake in the Binance platform.

Promotional Initiatives: USD1 has joined the "Zero Gas Fee Carnival" initiative on the BNB Chain network, allowing users to make transfers without gas fees through specific wallets.