WLFI’s dollar-backed stablecoin gains foothold in Binance's core infrastructure just months after launch

NEW YORK: World Liberty Financial (“WLFI”) today announced an expansion of USD1 trading pairs on Binance, the world’s largest cryptocurrency exchange. As of 08:00 UTC, Binance users can trade BNB/USD1, ETH/USD1, and SOL/USD1, bringing the industry’s fastest-growing stablecoin into several of the platform's most active spot markets.

Binance announced that it will also convert all collateral assets backing Binance-Peg BUSD (B-Token) into USD1 at a 1:1 ratio, a process expected to be completed within one week. The transition means USD1 will become an integral part of Binance’s updated collateral structure, further embedding the stablecoin within the exchange’s ecosystem.

Binance is rolling out several fee incentives intended to support the broader use of USD1 across the platform:

• Binance VIP Level 2 to 9 users will have zero maker and taker fees on BNB/USD1, BTC/USD1, ETH/USD1, and SOL/USD1 pairs.
• All Binance users have zero fees when trading USD1/USDT and USD1/USDC pairs.

Alongside the new pairs, Binance is enabling Trading Bots (Spot Algo Orders) for each market at launch, providing traders with more tools to automate strategies and access USD1 liquidity.

“Binance’s expansion of USD1 marks an important moment in WLFI’s effort to make digital US dollar stablecoins available to people everywhere,” said Zach Witkoff, CEO and Co-Founder of World Liberty Financial. “By integrating USD1 into liquidity, trading, and collateral systems on the world’s largest exchange, Binance is giving hundreds of millions of users improved access to USD1.”

USD1 is a fully redeemable, 1:1 dollar-backed stablecoin supported by reserves held in U.S. treasury bills, cash deposits, and other cash equivalents. The expansion on Binance follows a series of integrations across major chains and exchanges as WLFI continues to broaden access to transparent and reliable digital dollar infrastructure.

About World Liberty Financial

World Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform dedicated to empowering individuals through transparent, accessible, and secure financial solutions. Inspired by the vision of President Donald J. Trump, WLFI seeks to democratize access to DeFi by creating user-friendly tools that bring the benefits of decentralized finance to a broader audience. WLFI plans to be at the forefront of DeFi, offering an intuitive, robust platform that empowers users to participate actively in the financial future.

Fonte: Business Wire