Binance announced the launch of the World Liberty Financial USD1 stablecoin in its system, creating new opportunities for digital currencies.
Integration of USD1 into Binance Ecosystem
On May 22, 2025, Binance incorporated World Liberty Financial USD1, a dollar-backed stablecoin, into its services such as spot trading and margin trading. The stablecoin is pegged 1:1 with the US dollar via BitGo Trust.
Economic Impact of USD1 on the Stablecoin Market
The launch of USD1 facilitates zero-fee exchanges and offers users secure digital assets. The stablecoin ranks as the 5th largest USD-backed stablecoin with a market cap of $2.3 billion.
Global Consequences and Market Reaction
Analysts note that the implementation of USD1 could influence the regulation of stablecoins in the global economy. The current market dominance of Bitcoin (BTC) stands at 63.02% with a market cap of $2.21 trillion.
The integration of USD1 into Binance marks a significant milestone in the stablecoin landscape, with potential implications for regulatory environments and market dynamics.
