Binance has deepened its integration with World Liberty Financial's USD1 stablecoin by adding new zero-fee trading pairs and incorporating USD1 as collateral backing its own BUSD stablecoin.
The exchange introduced fee-free USD1 pairs for Ether (CRYPTO:ETH), Solana (CRYPTO:SOL) and BNB (CRYPTO:BNB), expanding on its existing Bitcoin (CRYPTO:BTC) pair and increasing the stablecoin’s visibility across major markets.
Binance confirmed it will convert all BUSD collateral assets into USD1 at a 1:1 ratio within a week, embedding USD1 further into its liquidity and collateral structure.
Binance said the transition strengthens the role of USD1 and aligns with its broader collateral update across the platform.
“Binance’s expansion of USD1 marks an important moment in WLFI’s effort to make digital US dollar stablecoins available to people everywhere,” World Liberty Financial CEO Zach Witkoff stated, welcoming the move.
USD1, backed by short-term US Treasury bills and issued on Ethereum and BNB Chain, has grown into the seventh-largest stablecoin with a $2.7 billion market capitalisation.