According to CN, USD1 is now available on Binance and has been added to the USD1/USDT market as of May 22, 2025, at 12:00 UTC. This stablecoin is currently priced at $1.00, still pegged to the U.S. dollar, and boasts a 24-hour trading volume of over $110 million, according to CoinGecko.

Withdrawals are expected to begin on May 23, 2025, at 12:00 UTC, conditions permitting. Binance USD, backed by $1 billion, reflects Binance's interest in this U.S. dollar-pegged digital currency due to the increasing market demand for such assets.

The addition of USD1 to the exchange will enhance the liquidity and market accessibility of this token. The listing comes as USD1's market cap fluctuates at over $2.1 billion, making it one of the top stablecoins in the world.

USD1 Stablecoin Witnesses Strong Growth and Robust Market Performance

USD1 was launched in March 2025 as a stablecoin backed by fiat currency at a 1:1 ratio to the U.S. dollar and issued by World Liberty Financial. The authorized email stated, 'As of May 22, 2025, USD1 is trading at $1.00 with a 24-hour trading volume of over $110 million and a market capitalization of more than $2.14 billion, according to CoinGecko.'

This makes it the seventh largest stablecoin by market capitalization. A strong legal framework, with BitGo Trust as the custodian, and the increasing adoption of fiat on-and-off-ramping all contribute to the growing trust in the market and the acceptance by traditional financial markets globally.

Cross-Chain Integration and Technological Breakthrough

USD1 support and roadmap have been deployed on Ethereum and Binance Smart Chain (BNB Chain) and are planned for deployment on other blockchain networks. Most recently, USD1 has fully complied with CCIP following integration with Chainlink's Cross-Chain Interoperability Protocol (CCIP), further enhancing its operability across multiple ecosystems.

This integration enhances transaction efficiency to address the cross-chain security issues that stablecoin users are most concerned about. This decision aligns with USD1's efforts to boost institutional confidence, clarify regulations, and enhance network resilience.

Political Entities and Governance Concerns

USD1 is provided by World Liberty Financial, a company reportedly linked to former U.S. President Donald Trump. The company's involvement in a $2 billion deal with MGX, a UAE-backed fund, to acquire equity in Binance has raised alarms about conflicts of interest and ethical risks.

Analysts and critics point out that the Trump family's optimistic approach to cryptocurrency projects, despite limitations on some projects like $1, could shape regulatory regimes in ways that hinder openness and deepen governance concerns.

Community Sentiment and Social Media Rumors

USD1 is being discussed by the community on Reddit and X (formerly Twitter). Enthusiasts also point to its rapid growth and listing on Binance, as well as strong support through BitGo Trust, as validation for an alternative to more established stablecoins.

But skeptics are wary, given the political connections and the demand for deeper regulatory transparency. As of May 22, 2025, USD1 is pegged at $1.00 and has linked to a market capitalization exceeding $2.14 billion, which not only demonstrates its appeal but also highlights the skepticism surrounding it.

Conclusion

The listing of USD1 on Binance is a significant achievement for this fiat-backed stablecoin from World Liberty Financial, which has garnered considerable interest in the digital asset space.

With a market cap exceeding $2.14 billion and a direct trading value of $1.00 as of May 22, 2025, USD1 is making waves with its multi-chain integration and compliance with Chainlink CCIP.

However, with ties to influential political figures and ongoing legal pressures, this company has become a significant question mark for investors and markets seeking greater transparency and legal certainty from the company.