Venus Expands Its Stablecoin Market Options by Adding Support for USD1

Venus, one of the top-tier DeFi lending protocols in the Web3 ecosystem, continues to execute on its long-term strategy of expanding stablecoin market options and ecosystem utility

Venus, one of the top-tier DeFi lending protocols in the Web3 ecosystem, is expanding its stablecoin market options and ecosystem utility. In a major move that will appeal to both retail and institutional participants, USD1 has now been officially launched in the Venus Core Pool on BNB Chain.

The fiat-backed stablecoin is issued by World Liberty Financial, a firm backed by notable institutional players and affiliated with Donald J. Trump and his family. With over $2 billion in circulating supply and rapidly growing adoption across major centralized exchanges, USD1 is emerging as one of the fastest-growing stablecoins in the industry.

Its 1:1 peg to USD is backed by low-risk real-world assets (RWAs), including fiat equivalents and short-duration Treasuries, making it a compelling option for users seeking security, transparency, and liquidity.

Now, through a partnership between Venus Protocol and World Liberty Financial, USD1 has been added to the Venus Core Pool, creating an entirely new lending market with strong backing, institutional appeal, and high-growth potential.

As part of Venus Governance’s approach, Venus Improvement Proposal 493 (VIP-493) was passed by the XVS token community, greenlighting the USD1 market on BNB Chain. The launch has also been accompanied by a liquidity incentive program: $10,000 worth of XVS will be distributed to USD1 suppliers over the first 30 days, kicking off liquidity growth and rewarding early adopters.

This means that early suppliers of USD1 not only benefit from participating in a growing market but also earn additional XVS rewards, creating one of the most attractive risk-reward opportunities in the ecosystem today. The market operates in supply-only mode, ensuring minimal risk while allowing users to accumulate rewards and support the growth of a promising stablecoin.

For users interested in participating in the new USD1 market on Venus, acquiring USD1 on the BNB Chain is straightforward. USD1 is available for trading on HTX.com (formerly Huobi) with a USD1/USDT pair, offering a centralized exchange option.

For DeFi users, USD1 can also be swapped directly on PancakeSwap, the leading decentralized exchange on BNB Chain, providing fast and seamless access to the stablecoin. These options make it easy for users to get started with supplying USD1 on Venus.

About Venus

Venus is a leading DeFi protocol for lending and borrowing crypto, with over $2.3 billion in TVL. Operating across multiple blockchains including BNB Chain, Ethereum, opBNB, Arbitrum One, ZKSync, Optimism, Base, and Unichain, the platform offers a user-friendly and extensive suite of features for seamless interaction.

With over 70 markets available, Venus stands out for its security standards, having been audited by CertiK, PeckShield, and other trusted firms. With a security score of over 91 from CertiK, Venus ranks among the top ten lending and borrowing projects, ensuring the safety and reliability of its ecosystem.