Binance Lists Controversial USD1 Stablecoin Backed by Trump Ties

Binance lists Trump-backed USD1 stablecoin as political scrutiny and market growth drive headlines.

Fridah Kangai
May 23, 2025
9:30 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

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The spot trading platform on Binance now includes USD1, a political stablecoin. The USD1/USDT trading pair became available for trading at 12:00 UTC on our exchange today.

Issued by World Liberty Financial (WLFI), USD1 is pegged 1:1 to the U.S. dollar. It was introduced in March 2025 and has already gained significant market traction.

Cash reserves and some US Treasury Securities support all stablecoins. The U.S.-regulated BitGo Trust Company manages how the coin is minted and keeps its reserves safe.

CoinMarketCap data shows that USD1 is worth over $2.1 billion, making it the seventh-largest stablecoin in the market today. As scheduled, Binance will enable withdrawal support tomorrow at 12:00 UTC.

It is part of USD1’s bigger move to become available on many prominent worldwide crypto exchanges. People are starting to pay more attention to politics after Trump’s involvement in WLFI. This listing continues USD1’s broader expansion across major global crypto exchanges.

Trump’s Involvement in WLFI Sparks Growing Political Attention

WLFI has drawn increased scrutiny due to its affiliations with President Donald Trump. Also, Trump’s sons function as “Web3 Ambassadors” and act on behalf of WLFI.

Additionally, Trump’s sons serve as “Web3 Ambassadors,” representing WLFI in the space. Officials are paying close attention to the regulation of stablecoins at this time. Under the GENIUS Act, oversight for stablecoins is still being considered in the Senate.

With these developments, WLFI is organizing a USD1 token airdrop. The solution was approved by a governance vote, which included 6.8 billion votes of support.

In a separate statement, WLFI will explain the process for who will get the funds and how. This airdrop brings extra focus to the already debatable launch of crypto.

With a quick rise, a listing on Binance, and a link to Trump, USD1 is getting lots of attention. As its popularity keeps rising, it could modify the direction of upcoming cryptocurrency laws.

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