Bitrue adds Trump-backed USD1 stablecoin as base trading pair for 10 tokens
Bitrue has launched World Liberty Financial’s USD1 as a base trading pair, allowing users to trade top cryptocurrencies directly against the Trump-linked stablecoin.
In a press release shared with crypto.news, crypto exchange Bitrue has just announced the launch of USD1, the stablecoin from Trump-backed World Liberty Financial as a base trading pair on its spot exchange. Starting today, users can trade 10 major cryptocurrencies directly against USD1, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Tron (TRX), XDC Network (XDC), Cardano (ADA), Binance Coin (BNB), Dogecoin (DOGE), and Sui (SUI).
“By offering USD1 base trading pairs, Bitrue has once again proved its commitment towards early adoption of promising new technologies, and we will continue to expand the number of pairs available according to user feedback,” said Adam O’Neill, Chief Marketing Officer at Bitrue.
USD1 is also now tradable against Tether (USDT), enabling easy swaps with the most liquid stablecoin.
Additionally, Bitrue announced plans to list WLFI, the governance token of World Liberty Financial. WLFI will feature staking options through Bitrue’s Power Piggy product, enabling holders to earn passive income with daily rewards.
The launch on Bitrue expands USD1’s reach significantly, building on its growing presence across multiple major exchanges. USD1 is already traded on popular platforms, including PancakeSwap, KuCoin, Bitget, MEXC, Gate.io, Binance, and Bybit. USD1 is also integrated with Alchemy Pay, a leading crypto payment gateway, allowing users in 173 countries to purchase the stablecoin using mainstream fiat methods like Visa, Mastercard, Apple Pay, Google Pay, local bank transfers, and mobile wallet
Launched in April by WLFI and managed by BitGo Trust Company, a U.S.-regulated custodian, USD1 has quickly become the fifth-largest stablecoin by market cap, currently valued at $2.2 billion according to CoinMarketCap. USD1 is designed to maintain a 1:1 peg to the U.S. dollar, fully backed by U.S. Treasuries.
