đš New on Binance: USD1, the dollar-backed stablecoin đșđž đš
Binance has announced the listing of USD1, a stablecoin backed by the US dollar, issued by World Liberty Financial (WLFI), a company linked to the Trump family. Trading for the USD1/USDT pair starts today, May 22, 2025, at 12:00 UTC.
đč Key Features:
Backed by safe assets: USD1 is fully supported by US Treasury bills and cash equivalents, with management ensured by BitGo Trust Company, guaranteeing strict regulatory compliance.
Multi-chain integration: Available on Ethereum and BNB Chain, with interoperability ensured via Chainlink CCIP, facilitating secure cross-chain transfers.
Rapid growth: In just two months since its launch in April 2025, USD1 has reached a market capitalization of $2.14 billion, positioning itself as one of the fastest-growing stablecoins.
With these features, USD1 positions itself as a serious alternative to existing stablecoins, offering stability and regulatory compliance. Its integration on Binance provides users with a new option for stable and efficient transactions.
đ Learn more: Binance - Announcement of USD1 listing
