$BNB
Binance’s Big Stablecoin Shift: USD1 Just Became a Major Player
Binance is making a major move in the stablecoin market by expanding support for USD1, the Trump-linked stablecoin from World Liberty Financial. The exchange has rolled out zero-fee trading pairs for USD1 across top assets — including ETH, SOL, BNB and BTC — making it easier than ever for users to trade the fast-growing stablecoin.
In a bigger shift, Binance will also convert all BUSD collateral into USD1 at a 1:1 ratio within a week, effectively making USD1 a core part of its collateral system.
USD1, backed by U.S. Treasury bills and launched on Ethereum and BNB Chain, has quickly grown into the 7th-largest stablecoin with a market cap of $2.7B, boosted by institutional usage such as MGX’s $2B investment decision.
WLFI’s CEO called Binance’s expansion a “milestone” for global stablecoin access — even as USD1 supply stabilizes after peaking near $3B.
