Breaking News: Binance Officially Launches USD1 Stablecoin Backed by Trump Family!
Jakarta, Pintu News – Binance, one of the world’s largest crypto exchange platforms, recently announced that it will list a stablecoin backed by the Trump family, the World Liberty Financial USD (USD1).
These stablecoins are secured by US dollars and include other crypto assets such as Ethereum and Wrapped Bitcoin . This launch marks a major step for Binance in expanding the portfolio of stablecoins available on its platform.
Check out the full information below!
Launch and Trading Details
Trading for USD1 on Binance is scheduled to begin on May 22, 2025, at 12:00 UTC, with the USD1/Tether trading pair. This provides an opportunity for traders to get involved in trading this new stablecoin immediately.
No launch fee is required, which shows Binance’s confidence in the potential and stability of USD1. Withdrawal services for USD1 will be enabled the day after trading begins, which is on May 23, 2025, at 12:00 UTC.
This move is expected to make it easier for users to manage their assets on Binance, providing more flexibility in trading and withdrawal operations.
Also read: Pakistan Launches PDAA, a New Era of Regulation for the $25M Crypto Industry!
World Liberty Financial Asset Portfolio
World Liberty Financial has not only attracted attention because of the endorsement from the Trump family, but also because of its extensive and diverse crypto asset portfolio. The company has assets valued at more than $108 million, spread across multiple blockchain networks and asset types. This reflects a strong diversification strategy and effective risk management in crypto investments.
The largest assets held by World Liberty Financial include USD Coin , Ethereum (ETH), Bitcoin , stakedETH (STETH), TRON (TRX), and White Token (WHTTE). This diversification not only reduces risk but also maximizes potential profits from price fluctuations across different crypto assets.
Read also: Arthur Hayes Predicts Hyperliquid (HYPE) to Rise 3x to $100, Other Analysts Agree!
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Coingape. Binance Lists Trump Family-Backed WLF Stablecoin. Accessed on May 23, 2025
- Featured Image: Generated by AI
