World Liberty Financial USD (USD1) Debuts on WEEX with USD1 USDT Trading Pair

By: WEEX|2025/05/08 03:36:40

WEEX Exchange is thrilled to introduce World Liberty Financial USD (USD1) to its Innovation Zone, with trading for the USD1 USDT pair set to commence soon. This stablecoin, designed for efficient digital transactions, will enhance WEEX Spot’s offerings, providing users with a reliable asset for trading and portfolio diversification. The detailed schedule is outlined below:

World Liberty Financial USD (USD1) Listing Timeline

Deposit: 2025-05-03 10:00 (UTC+0)
Trading: 2025-05-09 08:00 (UTC+0)
Withdrawal: TBD
Spot Trading Link: USD1 USDT

About World Liberty Financial USD (USD1)

World Liberty Financial USD (USD1) is a fiat-backed stablecoin engineered to maintain a 1:1 peg with the U.S. dollar. Launched in April 2025 by World Liberty Financial (WLFI), a Miami-based fintech firm, USD1 facilitates seamless transitions between fiat and digital assets with zero-fee minting and redemption. Managed by BitGo Trust Company, a regulated South Dakota-based custodian, USD1’s reserves consist of high-quality assets like U.S. Treasury bills and cash equivalents, ensuring transparency through quarterly audits and Chainlink ’s Proof of Reserves. Operating on Ethereum and Binance Smart Chain (BSC), USD1 supports retail payments, institutional trading, and DeFi applications, with plans for multi-chain expansion.

Market Price Analysis for USD1

As of May 8, 2025, World Liberty Financial USD (USD1) is stable at $1.00, reflecting its 1:1 peg to the U.S. dollar, with a 24-hour trading volume of $44.37 million. The circulating supply is 2.13 billion USD1, giving it a market cap of around $2.13 billion. USD1 has increased by 0.03% in the last 24 hours, though some sources note a 0.01% dip over the week. Its stability is backed by strong reserves and BitGo’s custody, but transparency concerns exist due to the lack of named auditors. Traders should monitor regulatory changes that could impact USD1.