NewsletterJust-In: Binance Lists Trump Family Backed WLF Stablecoin USD1
Highlights
- Binance announces listing of World Liberty Financial USD (USD1) stablecoin
- Trading opens May 22, 2025 at 12:00 UTC with USD1/USDT pair
- USD1 is a fiat-backed stablecoin maintaining 1:1 equivalence with US dollar
Binance is listing World Liberty Financial USD (USD1), a USD backed stablecoin. It is worth noting that World Liberty financial is backed by Trump family and is holding other crypto like ETH, WBTC etc. The exchange will open spot trading for the USD1/USDT pair with no listing fee required for the new digital asset.
When Will Binance List World Liberty Financial USD (USD1)?
Binance has provided specific timing details for the World Liberty Financial USD (USD1) listing process. Trading for the new stablecoin will begin on May 22, 2025, at exactly 12:00 UTC with the USD1/USDT trading pair.
Withdrawal services for USD1 will follow shortly after trading begins. As per the details from the announcement, Binance will open withdrawal functionality on May 23, 2025, at 12:00 UTC. However, the exchange has noted that this withdrawal timing is an estimate provided for user reference, and the actual availability may vary.
At the time of writing, USD1 has reached a marketcap of $2.3 Billion and is ranked 5 among USD backed stablecoins.
The exchange has waived the typical listing fee for USD1, setting it at 0 BNB, which removes any barrier for the token’s integration into Binance’s trading ecosystem. The World Liberty Financial USD (USD1) stablecoin maintains a 1:1 equivalence with the US dollar and is issued by BitGo Trust Company under full US regulatory compliance. The announcement comes as World Liberty Financial integrates with Chainlink to allow multi-chain USD1 transfers.
What Other Cryptocurrencies Does World Liberty Financial Hold?
Recent activity shows World Liberty Financial has been actively trading. Lookonchain reported that the organization spent 25,011 USD1 tokens to purchase 636,961 BUILDon (B) tokens approximately eight hours before the Binance listing announcement.
Not long ago, the WLF portfolio crossed $100 million mark and as of writing the portfolio is valued at over $108 million. The holdings are also spread across multiple blockchain networks and asset types.
According to data from Arkham Intelligence, the largest holdings by value include USDC with 22.039 million tokens worth $22.04 million. Ethereum represents the second-largest position with 7.933K ETH valued at $20.85 million.
Trump himself is hosting the much-awaited dinner for all the top holders of the TRUMP meme coin. Tron founder Justin Sun is also attending the dinner today.
Bitcoin holdings account for $18.12 million through 162.69 WBTC (Wrapped Bitcoin) tokens. The portfolio also includes 5.003K STETH (Staked Ethereum) tokens. Smaller but notable positions include TRX with 40.698 million tokens valued at $11.03 million and WHTTE with 10 billion tokens worth $5.44 million.
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