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Cryptocurrency News Articles

Binance (BNB) lifts fees on USD1 withdrawals

May 23, 2025 at 11:37 pm

According to the official statement by Binance (BNB) top crypto exchange, today, May 23, 2025, the unique stablecoin promo campaign kicks off.

Binance (BNB) lifts fees on USD1 withdrawals

Binance, the world’s biggest cryptocurrency exchange by trading volume and user count, has launched a time-limited promo campaign on USD1, one of the largest stablecoins.

The unique stablecoin promo campaign kicks off today, May 23, 2025.

As announced by Binance, all of the exchange's product users can now withdraw USD1, a major U.S. dollar-pegged stabblecoin, with zero fees. The promo is valid for accounts of Binance Smart Chain, a Binance-linked smart contracts blockchain platform.

The USD1 stablecoin was added to the trading toolset of Binance on spot and futures trading dashboards yesterday, May 22, 2025.

As covered by U.Today previously, Binance introduced a number of exciting promo campaigns amid the current blockchain market optimism.

Recently, Binance reduced all trading fees on B2, AGT, PRAI, FAIR3, KILO, PUFFER, AIOT, SKYAI, MYX and ZKJ tokens on Binance Alpha DEX to 0.01%

USD1 to top five stablecoins?

Also, Binance offers one-second charts for Binance Futures, allowing traders to benefit from all price movements on both sides.

USD1, a USD-pegged stablecoin product by World Liberty Financial, becomes the fastest-growing stable asset. USD1 market cap exceeded $2.1 billion, which makes it the sixth largest stablecoin.

To replace Dai (DAI) in the top 5, USD1 asset needs to surpass a $3.6 billion capitalization.

These milestones were accomplished by USD1 in just 30 days; the asset went live on April 22, 2025.

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Other articles published on May 24, 2025