KEY TAKEAWAYS
- Binance will list World Liberty Financial USD (USD1) with trading starting on May 22, 2025.
- USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the U.S. dollar.
- Trading of USD1/USDT is restricted in several regions, including the EU, Canada, and the U.S.
- Binance advises users to verify accounts and conduct research to ensure safe trading.
Binance has announced the listing of World Liberty Financial USD (USD1) on its platform, with trading set to commence on May 22, 2025, at 12:00 (UTC). The new spot trading pair, USD1/USDT, will be available for users to trade, as detailed here.
Deposits for USD1 are now open, allowing users to prepare for the upcoming trading session. The listing fee for USD1 is set at 0 BNB. Withdrawals for the stablecoin will be available starting May 23, 2025, at 12:00 (UTC), although this time is an estimate and users are advised to check the withdrawal page for the actual status.
About World Liberty Financial USD (USD1)
World Liberty Financial USD (USD1) is a fiat-backed digital asset designed to maintain a 1:1 equivalence with the U.S. dollar. Launched in April 2025 by World Liberty Financial, a financial technology firm based in Miami, Florida, USD1 aims to facilitate digital transactions by providing seamless fungibility between fiat currency and digital assets. The stablecoin is issued and managed by BitGo Trust Company, a regulated trust entity in South Dakota, ensuring compliance with U.S. regulatory standards.
Trading Eligibility and Restrictions
Trading of the USD1/USDT pair is subject to eligibility based on the user’s country or region of residence. Currently, users in the European Union, European Economic Area, Canada, and several other regions, including the United States and its territories, are restricted from trading this pair. This list may be updated periodically to reflect changes in legal and regulatory requirements.
Binance emphasizes the importance of conducting thorough research before trading USD1 outside its platform to avoid scams and ensure the safety of funds. Users are also reminded to complete account verification to participate in trading.
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