Binance Lists USD1 Stablecoin from World Liberty Financial, Backed by BitGo Trust

Binance has announced the listing of World Liberty Financial USD (USD1), a new fiat-backed stablecoin, with trading set to begin on May 22, 2025

Binance, the world’s largest cryptocurrency exchange by trading volume, is listing World Liberty Financial’s USD (USD1) on 22 May, 12:00 UTC.

The exchange will open trading for the stablecoin pair USD1/USDT. Deposits for USD1 are now open on Binance, while withdrawals will be enabled on 23 May at 12:00 UTC. The listing fee for USD1 is 0 BNB.

What Is USD1?

USD1 is a fully fiat-backed stablecoin launched in April by World Liberty Financial (WLFI), a Miami-based fintech firm. Each USD1 token is designed to maintain a 1:1 peg to the U.S. dollar, offering seamless convertibility between fiat and digital assets.

The stablecoin is issued and legally administered by BitGo Trust Company, a regulated U.S. trust entity based in South Dakota. This gives USD1 a strong compliance foundation and positions it to compete with leading stablecoins like USDT and USDC in both retail and institutional markets.

"Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure the safety of your funds," Binance cautioned.

The exchange also noted that availability may vary by region, depending on local regulations.

Why It Matters

The listing marks a significant step for USD1, following its rapid integration with several crypto projects and its growing recognition for regulatory adherence.

As demand for transparent and U.S.-regulated stablecoins continues to rise, Binance’s support may help establish USD1 as a serious contender in the fast-growing stablecoin sector.

This move also signals Binance’s ongoing effort to introduce more regulated and transparent digital dollar infrastructure onto its platform.