Binance expands support for Trump family's USD1 stablecoin with commission-free trading pairs
Binance announced the expansion of support for the USD1 stablecoin linked to WLFI, the Trump family’s project, by adding commission-free trading pairs for major tokens. This marks a significant move to boost the new stablecoin’s presence in the crypto space.
Source Сointelegraph
Additionally, the exchange stated that within a week it will convert all collateral backing its BUSD stablecoin into USD1 at a 1:1 ratio. This demonstrates Binance’s serious commitment to integrating the new stablecoin into its ecosystem.
This collaboration could significantly impact the stablecoin market and strengthen USD1’s position among users, opening up new trading and investment opportunities.
