Binance Rolls Out USD1 Stablecoin—But EU and US Traders Face Restrictions

Binance just added another stablecoin to its arsenal—USD1—but regulators are already drawing battle lines. The exchange quietly imposed trading limitations for EU and US users, proving once again that crypto innovation moves faster than compliance departments.

Why the geo-blocks? Binance isn’t saying. But let’s be real—when has a stablecoin launch ever gone smoothly in 2025? Between the SEC’s love affair with lawsuits and the EU’s regulatory spaghetti, exchanges are playing whack-a-mole with rules. Meanwhile, traders shrug and VPN up.

One step closer to global adoption—two steps back into regulatory purgatory. Just another day in crypto’s chaotic march toward mainstream finance.

USD1 gains momentum

The Binance listing adds to a wave of growing interest in the USD1 stablecoin.

Over the past months, numerous crypto trading platforms like KuCoin and HTX have listed the asset, expanding its reach to a broader user base.

Moreover, WLFI has accelerated efforts to integrate USD1 across decentralized finance ecosystems through various strategic partnerships.

Another significant step includes its recent integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which allows the stablecoin to operate across multiple blockchains.

Zach Witkoff, WLFI co-founder, said these efforts are designed to empower the underbanked. He stated:

“Our mission is simple: empower 1.4B unbanked people and hundreds of millions underbanked with access to modern financial tools—while strengthening U.S. dollar dominance globally through stablecoins backed by US Treasuries. This is the future of finance— borderless, dollar backed, and open to all.”

USD1 is pegged 1:1 with the US dollar and aims to simplify digital payments by enabling seamless conversions between fiat currency and digital assets.

Data from CryptoSlate shows that USD1 has achieved a market capitalization of $2.14 billion, placing it among the top five stablecoins by market cap.