Crypto exchange Bitrue has announced the launch of the new USD1 stablecoin as a base trading pair on its platform.
Launch of USD1 Trading Pair
Bitrue has launched USD1, the stablecoin from World Liberty Financial, as a base trading pair on its spot exchange. Users can now trade ten major cryptocurrencies including Bitcoin, Ethereum, Ripple, and more directly against USD1.
Features of USD1
USD1 is also tradable against Tether, enabling easy swaps with the most liquid stablecoin. Launched in April, USD1 quickly became the fifth largest stablecoin by market cap, currently valued at $2.2 billion.
Comparison with Other Platforms
USD1 is already traded on several popular platforms including PancakeSwap, KuCoin, Bitget, and others. Bitrue confirms plans to expand the number of trading pairs available based on user feedback.
The launch of USD1 on the Bitrue platform demonstrates the growing popularity of this stablecoin, increasing its availability and trading opportunities in the market.
