Binance Adds USD1 Stablecoin from Trump-Associated Platform

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 3d ago

Integration of USD1 Stablecoin: Binance has integrated World Liberty Financial’s USD1 stablecoin, linked to the Trump family, into its trading system, enhancing USD1's market presence and replacing Binance-Peg BUSD.
Zero-Fee Trading Pairs: The integration introduces new zero-fee trading pairs for USD1 with major cryptocurrencies like BTC, ETH, SOL, and BNB, expected to boost market liquidity and trading volumes.
Political Implications: The involvement of the Trump family adds a unique political dimension to USD1, potentially influencing demand for stablecoins and reflecting broader trends in the intersection of politics and cryptocurrency.
Strategic Move by Binance: This step marks a significant moment for World Liberty Financial in promoting digital US dollar stablecoins, showcasing Binance's strategic adoption of USD1 within its collateral systems.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Binance Adds USD1 Stablecoin from Trump-Associated Platform

About the author

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