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Cryptocurrency News Articles

HTX Premieres Listing of USD1 Stablecoin Targeting Convergence of DeFi and TraFi

May 06, 2025 at 11:00 pm

During TOKEN 2049, Justin Sun, Advisor to HTX and Founder of TRON engaged in a discussion with Eric Trump, son of the US President, and WLFI Co-founder Zach Witkoff.

HTX Premieres Listing of USD1 Stablecoin Targeting Convergence of DeFi and TraFi

During TOKEN 2049, Justin Sun, Advisor to HTX and Founder of TRON, engaged in a discussion with Eric Trump, son of the US President, and WLFI Co-founder Zach Witkoff.

The conversation, focused on the launch of USD1 on HTX and the broader implications for Web3, saw the direct involvement of the US President's son, highlighting the increasing interest in the convergence of DeFi and TraFi.

DeFi is fundamentally about financial freedom, which is a core tenet of blockchain technology. The launch of USD1 and the collaboration with WLFI are significant steps in this direction.

With the rapid development of blockchain technology over the past decade, we are now at a stage where we can effortlessly use stablecoins on our mobile devices and easily participate in the global financial system. This is the vision that USD1 is striving for.

As of May 6, USD1 has achieved a total market capitalization of approximately $2.12 billion, ranking prominently at 45th on CoinMarketCap, demonstrating rapid growth in the crypto landscape.

HTX Empowers Premium Projects, Fostering Long-Term Ecosystem Growth

As a leading global cryptocurrency exchange, HTX is committed to its listing strategy of “supporting quality projects and creating value for users.” Leveraging rigorous research capabilities and efficient execution, HTX provides users with a diverse selection of high-quality digital assets.

USD1, with its strong issuing team background, clear asset collateralization mechanisms, stringent audit processes, transparent regulatory pathway, and ambitious vision for financial freedom, aligns with HTX's established criteria for selecting premium assets.

By being the first to list USD1, HTX offers its users enhanced investment options while simultaneously promoting the widespread adoption of blockchain technology within the global financial framework.

From WLFI's perspective, choosing HTX as the primary listing platform for USD1 was a strategic decision based on the exchange's comprehensive global market competitiveness.

HTX consistently leads the industry in user base, trading volume, ecosystem development, and technological security. This makes it the optimal platform for launching premium assets like USD1.

Special Promotion for USD1 Launch on HTX

To commemorate the initial listing of USD1, HTX is offering a limited-time zero-fee trading promotion.

From May 6, 2025, at 11:00 to December 31, 2025, at 23:59 (GMT+8), the USD1/USDT spot trading pair will be available with zero transaction fees.

HTX's rapid response and seamless user experience provide global users with an exceptional opportunity to participate early in the USD1 ecosystem.

Powerful Alliance Forges a New Chapter in Decentralized Finance

The launch of USD1 marks a pivotal moment in the stablecoin landscape. As the premier global listing platform for USD1, HTX, with its robust ecosystem resources and global influence, provides boundless possibilities for the rapid adoption and expanded use cases of USD1.

As Justin noted at the TOKEN 2049 summit, "We stand at a historical juncture where blockchain technology will reshape the boundaries of financial freedom."

Moving forward, HTX will continue to uphold its principles of openness and innovation, collaborating with leading global projects to provide users with safer, more convenient, and efficient digital asset services, collectively shaping a remarkable future for decentralized finance.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

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Other articles published on May 07, 2025