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Binance Expands Stablecoin Market with USD1 Listing from World Liberty Financial

Binance Expands Stablecoin Market with USD1 Listing from World Liberty Financial

Published:
2025-05-22 08:15:14
22
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Binance is set to list the USD1 stablecoin, issued by World Liberty Financial, on May 22, 2025, at 12:00 UTC. The USD1/USDT trading pair will be available, marking another step in Binance’s stablecoin market expansion. USD1 is a fully fiat-backed digital asset managed under BitGo Trust Company’s regulatory framework. Deposits are already live, with withdrawals to be enabled 24 hours after trading begins. This listing excludes users in certain jurisdictions.

Binance to List USD1 Stablecoin from World Liberty Financial

Binance will introduce trading for the USD1/USDT pair on May 22, 2025, at 12:00 UTC, marking its latest expansion in the stablecoin market. USD1, a dollar-pegged digital asset issued by Miami-based World Liberty Financial, is fully backed by fiat reserves and managed under BitGo Trust Company’s regulatory framework.

Deposits are now live, with withdrawals enabled 24 hours after trading begins. The listing excludes users in the U.S., EU, Canada, and other restricted jurisdictions. This MOVE reinforces Binance’s strategy to diversify its stablecoin offerings amid growing institutional demand for compliant dollar alternatives.

Pakistan Establishes Digital Assets Authority to Regulate Crypto Market

Pakistan has launched the Pakistan Digital Assets Authority (PDAA) to oversee its burgeoning cryptocurrency sector, targeting an estimated $25 billion in informal digital asset flows. The regulatory body will manage licensing, enforce compliance, and foster blockchain innovation in financial services.

The move follows Binance co-founder Changpeng Zhao’s advisory role with the Pakistan Crypto Council in March. PDAA’s mandate includes facilitating asset tokenization and regulated Bitcoin mining operations—a strategic push to formalize the crypto economy and attract foreign capital.

Exchanges, custodians, and DeFi platforms now face structured oversight as the government positions Pakistan as a regulated hub for digital assets in emerging markets.

|Square

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