Trump-Backed Stablecoin USD1 Expands on Binance
- World Liberty Financial’s USD1 stablecoin is now integrated into Binance‘s core infrastructure.
- USD1 can be traded against BNB, Solana, and Ethereum on Binance.
- Binance users can convert USDC and USDT to USD1 without fees.
- USD1’s market cap increased from $2.6 billion in September to $2.75 billion.
- Binance facilitated $38 million in USD1 trading volume, with most against Tether.
The integration of World Liberty Financial’s USD1 into Binance marks a significant expansion for the Trump-backed stablecoin, offering more trading options for users and enhancing liquidity on the platform.
With a growing market capitalization reaching $2.75 billion, USD1’s presence on major exchanges like Binance underscores its increasing role in the stablecoin market landscape.( Source)
