In a major development in the crypto world, Binance has announced the listing of World Liberty Financial’s USD1 stablecoin, marking another milestone for the digital asset space. Trading for USD1 officially kicks off on May 22, 2025, at 12:00 UTC, pairing the token with USDT. Notably, Binance has waived its usual listing fee for this asset, clearing the way for easy access to this new entrant in the stablecoin market.
What Makes USD1 Special?
USD1 is a fiat-backed stablecoin designed to maintain a steady 1:1 peg with the US dollar, giving users a reliable option for digital dollar transactions. It is issued by BitGo Trust Company, a well-established and fully compliant custodian under US regulatory frameworks. The backing from the Trump family and the larger World Liberty Financial (WLF) group adds an interesting layer of attention, especially as WLF holds a diversified portfolio of crypto assets beyond just stablecoins.
Trading and Withdrawal Details
Binance users can begin trading USD1 against USDT starting May 22, 2025, at noon UTC. Withdrawals will open shortly after, tentatively set for 12:00 UTC on May 23, 2025. While this withdrawal timing is estimated, Binance aims to ensure smooth liquidity and accessibility for early traders. As of now, USD1 commands a market capitalization of approximately $2.3 billion, ranking it fifth among USD-backed stablecoins—a notable achievement for a newcomer.
World Liberty Financial’s Crypto Holdings
Beyond USD1, World Liberty Financial has demonstrated active engagement in the crypto markets. According to on-chain analytics from Lookonchain, just hours before Binance’s announcement, WLF moved 25,011 USD1 tokens to acquire 636,961 BUILDon (B) tokens, showing a dynamic approach to portfolio management.
The WLF portfolio recently surpassed the $100 million valuation mark, with current holdings distributed across multiple blockchain ecosystems. Arkham Intelligence data reveals that the largest components include 22.04 million USDC tokens valued at $22 million and a hefty Ethereum position of nearly 7,933 ETH, worth about $20.85 million.
Trump’s own crypto engagements have also come into the spotlight, with the highly publicized dinner event for TRUMP meme coin holders today drawing attention. Among the attendees is Tron founder Justin Sun, signaling growing intersection between political figures and crypto entrepreneurs.
Additionally, the portfolio includes a significant stash of Bitcoin-related assets, with 162.69 WBTC tokens valued at $18.12 million. The group also holds 5,003 STETH (staked Ethereum) tokens, plus smaller yet substantial amounts of TRX (40.7 million tokens worth $11 million) and 10 billion WHTTE tokens valued at $5.44 million.
A Strategic Move for USD1’s Future
The integration of USD1 with Chainlink for multi-chain transfers further expands its utility, allowing seamless movement across different blockchain networks. This step highlights WLF’s commitment to enhancing USD1’s functionality and its broader adoption in the decentralized finance ecosystem.
With Binance’s backing and a solid financial foundation, USD1 aims to carve out a strong position in the competitive stablecoin market. The combination of regulatory compliance, significant backing, and strategic blockchain partnerships positions USD1 as a stablecoin worth watching closely in 2025 and beyond.
