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, at 12:00 UTC under the trading pair USD1/USDT.
Deposits are now open, and withdrawals will be enabled on May 23 at 12:00 UTC. The listing fee for USD1 is 0 BNB, signaling Binance’s support for the stablecoin’s entry into the broader digital asset ecosystem.
What Is USD1?
USD1 is a fully fiat-backed stablecoin launched in April 2025 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.
Binance stated: “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.”
The exchange also noted that availability may vary by region, depending on local regulations.
Why It Matters
The listing represents a major milestone for USD1, following its rapid adoption by several crypto projects and its growing reputation for regulatory compliance. As demand for transparent and U.S.-regulated stablecoins increases, Binance’s support may help establish USD1 as a serious contender in the stablecoin race.
This move reinforces Binance’s commitment to onboarding regulated and transparent digital dollar infrastructure to its platform.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/binance-lists-usd1-stablecoin-from-world-liberty-financial-backed-by-bitgo-trust/