Bitrue launched World Liberty Financial’s USD1 as a base trading pair, allowing users to trade top cryptocurrencies directly against Trump-related Stablecoin.
In a press release shared with Crypto.News, Crypto Exchange Bitrue announced the launch of USD1, the Trump-backed Stablecoin of World Liberty Financial. Starting today, users can exchange 10 major cryptocurrencies directly for USD1. These include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), TRON (TRX), XDC Network (XDC), Cardano (ADA), Binance Coin (BNB), sui (doge), sui (doge).
“BitRue once again demonstrates its commitment to early adoption of promising new technology by offering USD1-based trading pairs. We will continue to expand the number of available pairs according to user feedback.”
USD1 is currently tradeable against Tether (USDT), allowing for easy swaps with the most liquid Stablecoin.
Additionally, Bitrue has announced plans to list WLFI, the governance token of World Liberty Financial. WLFI introduces staking options through Bitrue’s Power Piggy products, allowing holders to earn passive income with daily rewards.
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The Bitrue launch is based on a significantly larger reach of USD1 and a growing presence across multiple major exchanges. USD1 is already traded on popular platforms such as Pancakeswap, Kucoin, Bitget, Mexc, Gate.io, Binance, Bybit. USD1 is also integrated with Alchemy Pay, a leading crypto payment gateway, allowing users in 173 countries to purchase Stablecoin using mainstream Fiat methods such as Visa, MasterCard, Apple Pay, Google Pay, Local Bank Transfer and Mobile Wallet.
USD1, launched by WLFI in April and managed by US-regulated custodian Bitgo Trust Company, has now become the fifth-largest Stablecoin by market capitalization, at $2.2 billion, according to CoinmarketCap. USD1 is designed to maintain 1:1 peg in the US dollar and is fully supported by the US Treasury Department.
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