HTX Lists USD1 Stablecoin

On May 6, 2025, the HTX crypto platform announced the listing of USD1, created by World Liberty Financial, a company in the cryptosphere of US President Donald Trump.

The process was record-breaking: the announcement was made on May 5, and spot trading started the next day. To stimulate liquidity, the exchange set a zero commission for the USD1/USDT pair until the end of 2025. The stablecoin is backed by reserves, including short-term US bonds, cash and cash equivalents.

Control over the assets is exercised by BitGo, one of the leading custodial services. As of the time of publication, the token capitalization exceeded $2.1 billion, which brought it into the top 5 in terms of volume among stablecoins.

At launch, the coin is listed on both Ethereum and BNB Chain. This expands the token’s potential for use in decentralized finance (DeFi), especially in BNB-related ecosystems. The USD1 listing has increased interest in World Liberty Financial (WLFI), a crypto lending platform created by the Trump family.

Earlier, the HTX crypto exchangeannounced the start of the selection stage for participants in a unique raffle - a $6 million space flight as part of the Mars Mission initiative.