New Spot Trading Pair Listed by World Liberty Financial : USD1/USDT
In order to get ready to trade, users can now begin depositing $1 US Dollar.
Listing Fee: 0 BNB USD1
The Stablecoin withdrawal window will open at 12:00 (UTC) on 2025-05-23.
As per the official statement, the newly launch has started trading on May 22 at 12:00 UTC, and withdrawals will start the next day. A fiat-backed stablecoin, is intended to stay at a 1:1 peg to the US dollar. A Miami-based fintech company connected to Donald Trump and his family, World Liberty Financial, introduced it in March.
A digital asset backed by fiat money, It is intended to remain 1:1 equivalent to the USDC. The purpose of this new launched coin is to facilitate digital transactions by offering smooth fungibility between fiat currency and digital assets. It was introduced in April 2025 by World Liberty Financial (WLFI), a financial technology company with its headquarters located in Miami, Florida.
BitGo Trust Company, a South Dakota-based regulated trust entity, is responsible for issuing and lawfully managing the stablecoin, guaranteeing full compliance to US regulatory requirements.
The visibility and liquidity may be greatly increased by the Binance listing. In May, Its market capitalization surpassed $2.1 billion, making it the seventh-largest stablecoin by market capitalization. It is already listed on exchanges such as KuCoin.
Institutional support, such as a $2 billion investment deal with Abu Dhabi's MGX, and its expanding use in decentralised finance platforms and retail payments have all contributed to its quick ascent. At the moment, USD1 is worth 0.61% on Ethereum.
With intentions to expand to additional networks using Chainlink's cross-chain protocol, this presently functions on Ethereum and BNB Chain.
The goal is to become a significant rival to popular stablecoins such as (USDC) and Tether by providing features like institutional-grade custody and fee-free minting. However, there has been some debate about stablecoin's ascent.
Concerns have been raised by US lawmakers, especially Senate Democrats, regarding the Trump family's tight affiliation with WLFI. Donald Trump is the company's "Chief Crypto Advocate," while his sons serve as its "Web3 Ambassadors." Critics claim that this increases the potential for conflicts of interest because stablecoin regulation, particularly the planned GENIUS Act, is still a controversial issue.
New players are entering a zone long dominated by Tether - things could get interesting. WLFI believes that USD1 complies completely with U.S. rules, including as know-your-customer and anti-money laundering guidelines, despite the political scrutiny. The worries were dismissed as "fundamentally flawed" in a recent legal answer to a congressional investigation. All eyes are on whether Binance's new listing momentum can hold as it gets ready to make its debut on the biggest cryptocurrency market in the world.
Also read: Haedal Protocol Binance Listing Surge $HAEDAL Coin Price: When $5
Sheetal Jain is a seasoned crypto journalist, content strategist, and news writer with over three years of experience in the cryptocurrency industry. With a strong grasp of financial markets, she specializes in delivering exclusive news, in-depth research articles, and expertly optimized on-page SEO content. As a Crypto Blog Writer at CoinGabbar, Sheetal meticulously analyzes blockchain technologies, cryptocurrency trends, and the overall market landscape. Her ability to craft well-researched, insightful content, combined with her expertise in market analysis, positions her as a trusted voice in the crypto space.
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