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Cryptocurrency News Articles

USD1 Stablecoin Expands Its Reach with Listing on Binance

May 22, 2025 at 08:56 pm

Binance has announced the listing of World Liberty Financial's USD1 stablecoin on its platform, marking a significant milestone.

USD1 Stablecoin Expands Its Reach with Listing on Binance

Binance is listing World Liberty Financial's USD1 stablecoin, kicking off with deposits from 12:00 noon (UTC) on Monday, May 22.

Credit: World Liberty FinancialWorld Liberty Financial's USD1 (USD1) stablecoin is set to be listed on Binance at 12:00 noon (UTC) on Monday, May 22, for trading activity.

Ahead of the launch, users can prepare by making deposits from 12:00 noon (UTC) on Monday, while withdrawals will commence the following day, Tuesday, May 23, at 12:00 noon.

Launched in April 2025, USD1 is designed to be pegged 1:1 to the U.S. dollar and is issued and managed by BitGo Trust Company in South Dakota. It is designed with strict compliance protocols for transparency and legal adherence.

This listing marks a significant step in the fusion of traditional finance and digital innovation, as World Liberty Financial, a company specializing in fractional investment in elite assets, is bringing its unique offerings to the cryptocurrency sphere.

The move by Binance to integrate this stablecoin, showcasing an interest in expanding its diverse range of regulated digital assets, also comes as the U.S. Senate makes critical advances in legislation governing stablecoins.

A crucial piece of legislation is rapidly approaching a vote, highlighting bipartisan momentum to introduce clear regulations for stablecoins used in the U.S.

This legislation is designed to introduce unprecedented clarity to the rapidly evolving landscape of digital assets, paving the way for greater institutional participation and the realization of vast economic opportunities.

Its aim is to forge an optimal balance between encouraging innovation and ensuring robust consumer protection.

Original source:crypto-economy

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