Breaking: Binance Adds USD1 Token from World Liberty Financial Now
key Takeaways
Binance will launch a USD1/USDT trading pair on May 22, 2025, at 12:00 UTC.
USD1 is a fully dollar-backed stablecoin managed by BitGo Trust Company for regulatory compliance.
Trading access is restricted in regions including the U.S., the EU, Canada, and select jurisdictions worldwide.
In a move that underscores its commitment to expanding its offerings in the stablecoin sector, Binance has announced the listing of World Liberty Financial USD (USD1), a digital asset pegged to the U.S. dollar.
The trading of the USD1/USDT spot pair will commence on May 22, 2025, at 12:00 UTC. Deposits are now open for users preparing to trade, with withdrawals becoming available the following day.
USD1 is a compliant stablecoin, fiat-backed and issued by World Liberty Financial (WLFI), a Miami fintech firm. It’s issued and administered by BitGo Trust Company, a regulated trust company based in the state of South Dakota.
The setup has been designed so USD1 can remain compliant with financial regulations in the United States and at the same time provide dollar-pegged digital payments for global citizens in a secure manner.
A Closer Look at USD1’s Market Entry
Token joins the market as a digital representative of the United States dollar, designed to provide real-time, borderless financial transactions. Its 1:1 dollar backing and BitGo Trust custody indicate a clear emphasis on regulatory clarity and security of assets.
Its listing on Binance, a top cryptocurrency exchange in the world based on volume, provides USD1’s immediate exposure and liquidity and links it with a wide base of consumers through the USDT trading pair.
This launch also addresses the increasing demand for regulated stablecoins connecting traditional finance and blockchain-based economies. With standardized trading fees and zero listing charges, Binance evidently aims at making tokens highly accessible.
Nevertheless, some geographical boundaries do exist, encompassing prominent markets like the United States of America, Canada, and the EU as part of regulatory compliance measures.
Global Expansion with Regulatory Safeguards
As USD1’s listing represents a key victory in WLFI’s expansion plans, it also showcases the complex regulatory environment of digital assets. Binance’s restriction on access for jurisdictions imposing strict or ambiguous cryptocurrency regulations illustrates continuing compliance issues for the stablecoin space.
Nevertheless, for qualifying consumers, the token represents a secure and regulated platform through which consumers can make transactions in a digital capacity with the reliability of fiat.
With Binance expanding its stablecoin portfolio, the launch of the token marks a larger trend toward regulated financial instruments in the cryptocurrency market. Both investors and traders will be paying close attention as USD1 enters the global market.
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Filed under: Bitcoin - @ May 22, 2025 7:24 am