On December 11, the crypto change Binance
$7.67B
launched buying and selling pairs that characteristic the Trump-family-supported stablecoin USD1.
In response to an announcement from Enterprise Wire, Binance expanded its fee-free spot choices to incorporate BNB
$887.06
/USD1, ETH
$3,239.59
/USD1, and SOL
$137.80
/USD1, which be part of the beforehand obtainable BTC/USD1 pair.
Binance additionally revealed its resolution to transform all BUSD collateral into USD1 at a one-to-one ratio over the following week. This replace will give the stablecoin a key position within the change’s collateral system, as a part of a push to include USD1 extra totally into change exercise.
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World Liberty Monetary, co-founded by Donald Trump and his sons, launched USD1 in March 2025 on each Ethereum and BNB Chain.
Zach Witkoff, World Liberty Monetary’s CEO and co-founder, said within the announcement:
Binance’s enlargement of USD1 marks an necessary second in WLFI’s effort to make digital US greenback stablecoins obtainable to individuals in all places.
Since that launch, USD1 has grown to develop into the seventh-largest stablecoin, at the moment holding a market capitalization of round $2.7 billion. Its progress included a $2 billion injection from Abu Dhabi’s MGX into the identical change.
Binance’s world platform, Binance.com, not too long ago secured approval from the Monetary Companies Regulatory Authority (FSRA) to function beneath Abu Dhabi World Market’s regulated framework. How? Learn the total story.
