Binance has officially listed USD1, a USD-backed stablecoin issued by World Liberty Financial (WLF). Trading for the USD1/USDT pair begins at 12:00 UTC on May 22, 2025, with no listing fee applied.
Notably, World Liberty Financial is backed by the family of former U.S. President Donald Trump. USD1 is issued by BitGo Trust Company under full U.S. regulatory compliance and maintains a 1:1 peg to the U.S. dollar. The stablecoin has also integrated with Chainlink to enable cross-chain transfers.
Withdrawal services for USD1 are expected to launch on May 23, 2025, at 12:00 UTC. However, Binance notes that this is a tentative timeline and may be subject to change.
As of now, USD1 has reached a market capitalization of $2.3 billion, ranking fifth among USD-pegged stablecoins. Binance has waived the usual listing fee, making it easier for USD1 to enter its trading ecosystem.
World Liberty Financial also holds a diverse and sizable crypto portfolio. According to Arkham Intelligence, the fund’s holdings exceed $108 million in value, with the largest assets including:
- USDC: $22.04 million (22.039 million tokens)
- ETH: 7,933 tokens worth about $20.85 million
- WBTC: 162.69 tokens valued at $18.12 million
- STETH: 5,003 tokens
- TRX: 40.698 million tokens ($11.03 million)
- WHTTE: 10 billion tokens ($5.44 million)
Just before Binance’s announcement, WLF spent 25,011 USD1 tokens to acquire 636,961 BUILDon (B) tokens, highlighting its active investment strategy.
Adding to the buzz, Donald Trump is hosting an exclusive dinner for the top holders of the TRUMP meme coin, with TRON founder Justin Sun among the attendees.
