🚨 Just-In: Binance Lists $TRUMP Family Backed $LF Stablecoin $USD1 🚨
Binance is listing World Liberty Financial USD (USD1), a USD backed stablecoin.
It is worth noting that World Liberty financial is backed by Trump family and is holding other crypto like ETH, WBTC etc.
The exchange will open spot trading for the USD1/USDT pair with no listing fee required for the new digital asset.
Binance has provided specific timing details for the World Liberty Financial USD (USD1) listing process.
Trading for the new stablecoin will begin on May 22, 2025, at exactly 12:00 UTC with the USD1/USDT trading pair.
Withdrawal services for USD1 will follow shortly after trading begins. As per the details from the announcement, Binance will open withdrawal functionality on May 23, 2025, at 12:00 UTC.
However, the exchange has noted that this withdrawal timing is an estimate provided for user reference, and the actual availability may vary.
At the time of writing, USD1 has reached a marketcap of $2.3 Billion and is ranked 5 among USD backed stablecoins.
The exchange has waived the typical listing fee for USD1, setting it at 0 BNB, which removes any barrier for the token’s integration into Binance’s trading ecosystem.
The World Liberty Financial USD (USD1) stablecoin maintains a 1:1 equivalence with the US dollar and is issued by BitGo Trust Company under full US regulatory compliance.
The announcement comes as World Liberty Financial integrates with Chainlink to allow multi-chain USD1 transfers.