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Cryptocurrency News Articles
HTX Launches USD1, the New Stablecoin Managed by the Trump Family
May 07, 2025 at 03:34 pm
HTX, one of the leading cryptocurrency exchanges globally, has officially announced the launch and listing of USD1, the new stablecoin managed by the Trump family.
Among the main cryptocurrency exchanges in the world, HTX has announced the launch and listing of USD1, the new stablecoin managed by the Trump family.
With this move, HTX becomes the first platform to support the trading of this new digital asset, marking a decisive step towards the evolution of the decentralized economy. The stablecoin USD1 is issued by World Liberty Financial (WLFI) and complies with US regulatory standards. The custody of the asset is entrusted to BitGo Trust Company, a guarantee of transparency and security for investors. Each token is pegged 1:1 to the US dollar, thus offering a stable and reliable solution for those seeking a digital alternative to fiat currency.
At the event TOKEN 2049 in Dubai, the advisor of HTX and founder of TRON, Justin Sun, participated in a panel along with Eric Trump, son of the current President of the United States, and Zach Witkoff, co-founder of WLFI. The discussion focused on three main issues of the traditional financial system:
• High entry barriers for foreign capital.
• Lack of transparency in the financial system, especially in the management of reserve assets.
• Difficulties in accessing advanced financial services in emerging markets.
The mission of USD1 is precisely to address and solve these issues. The project aims to become the most transparent, compliant, and reliable stablecoin in the world, thanks to monthly audits and complete transparency regarding the underlying reserve funds, accessible for verification by institutions and investors.
Eric Trump praised the initiative, emphasizing how transparent and regulated stablecoins like USD1 can contribute to strengthening the position of the US dollar internationally. He also expressed optimism about the transformative potential of blockchain technology in redefining the boundaries of traditional finance.
Justin Sun highlighted how financial freedom is one of the fundamental principles of blockchain technology. The introduction of USD1, in collaboration with WLFI, represents an important step towards the convergence between decentralized finance (DeFi) and traditional finance (TradFi). The goal is to make the use of stablecoins simple and accessible to everyone, directly from smartphones, allowing every individual to actively participate in the global financial system.
A few days after the launch, USD1 has already reached a market capitalization of approximately 2.12 billion dollars, positioning itself at the 45th place on CoinMarketCap, a result that demonstrates the speed with which the project is gaining trust and traction in the market.
HTX has built its reputation on a listing strategy focused on supporting high-quality projects and creating value for users. Thanks to careful research activities and a rapid execution capability, the exchange offers a diversified selection of reliable digital assets.
The decision to list USD1 is not random: the project stands out for the solidity of the issuing team, the transparency in collateralization mechanisms, the rigor in audit processes, and a clear vision of financial freedom. All elements that reflect the criteria of excellence established by HTX for the inclusion of new assets on its platform.
From the point of view of World Liberty Financial, the choice of HTX as the main exchange for the debut of USD1 was strategic. HTX stands out for its global competitiveness, wide user base, high trading volume, ecosystem development, and technological security.
To celebrate the introduction of USD1, HTX has launched a zero-fee promotion on trading the USD1/USDT pair. The offer will be valid from May 6, 2025, at 11:00 until December 31, 2025, at 23:59 (GMT+8). This initiative represents a unique opportunity for users worldwide to become part of the USD1 ecosystem from the early stages, benefiting from a smooth and cost-free trading experience.
The launch of USD1 marks a turning point in the stablecoin landscape. Thanks to the support of HTX, which provides its ecosystem resources and its global influence, USD1 is set to expand rapidly and find new applications in the real world.
During the TOKEN 2049 summit, Justin Sun stated:
“We are at a historic turning point, where blockchain technology will redefine the boundaries of financial freedom.”
HTX will continue to pursue its values of openness and innovation, collaborating with the most advanced projects in the sector to offer users digital services that are increasingly secure, accessible, and efficient.
Founded in 2013, HTX has been able to evolve from a simple virtual asset exchange to a complete blockchain business ecosystem, which includes trading, financial derivatives, research, investments, and incubation of innovative projects.
With a growth strategy based on global expansion, ecosystem development, value creation for users, security, and regulatory compliance, HTX confirms itself as a privileged gateway to Web3 for millions of users worldwide.
The launch of USD1 represents only the beginning of a new era for decentralized finance, where transparency, inclusion, and innovation will be the key words. Thanks to the synergy between HTX and WLFI, the
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