- Binance will list World Liberty Financial USD1 on May 22 at 12:00 (UTC).
- The crypto exchange is associated with Donald Trump and his family.
- The GENIUS Act, a bill to regulate stablecoins, cleared a vote in the Senate on Monday, two weeks after every Senate Democrat united to block it.
Binance announced the listing of USD1, a stablecoin issued by World Liberty Financial (WLFI), marking a significant development in the growing stablecoin market.
Binance, world’s largest cryptocurrency exchange, said spot trading for USD1 will go live on May 22 at 12:00 UTC.
Binance confirmed that BNB has been used as the listing fee for USD1, and noted that withdrawal times are estimates, urging users to monitor the platform’s withdrawal page for updates.
What is USD1?
USD1 is a fiat-backed stablecoin pegged 1:1 to the U.S. dollar. It was launched in April 2025 and currently trades at approximately $1.0018.
The listing comes amid heightened attention to stablecoin regulation in the U.S, with the GENIUS Act, a bill designed to establish a regulatory framework for stablecoins being passed after a Senate vote on Monday. The act was previously blocked by a unified Democratic front.
USD1 now enters a competitive field dominated by Tether, which holds over 60% of the stablecoin market and is backed by Cantor Fitzgerald.
In its Terms and Conditions, Binance emphasized that standard trading fees will apply to USD1 trades and encouraged users to consult the exchange’s VIP tier structure for details.