On May 22, 2025, Binance announced the listing of the USD1 stablecoin, backed by the Trump family, promising to enhance its market visibility and liquidity.
Key Details of USD1 Listing on Binance
USD1 has been listed on Binance and is managed by World Liberty Financial, launched in March 2025 with backing from the Trump family. A spokesperson commented, 'The backing from the Trump family is more than political; it enhances USD1's credibility and trust among investors.' The stablecoin is issued by BitGo Trust, which is attentive to regulatory compliance.
Expected Impact on Trading Volumes
The listing is anticipated to drive trading volumes for USD1. Binance CEO Changpeng Zhao stated, 'We are excited to welcome USD1 to our platform, as it represents a significant advancement in the stablecoin market.' USD1’s market capitalization has reached approximately $2.3 billion.
Growth Projections and Insights for Stablecoins
Historically, stablecoins gaining such visibility quickly rise in market cap. Experts noted, 'USD1’s rapid ascent to a multi-billion market cap highlights strong investor interest and the strategic advantage of its unique backing.'
The introduction of the USD1 stablecoin on Binance could significantly alter market dynamics, attracting investor interest and providing new trading opportunities.
