Bitrue Adds Trump-Linked USD1 Stablecoin for Direct Trading of 10 Major Cryptocurrencies

Bitrue, a prominent cryptocurrency exchange, has introduced World Liberty Financial’s USD1 stablecoin as a base trading pair, enabling users to trade ten major cryptocurrencies directly against this Trump-linked stablecoin. The move underscores Bitrue's commitment to adopting innovative technologies early, as stated by Adam O’Neill, the Chief Marketing Officer at Bitrue. Users can now trade Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Tron (TRX), XDC Network (XDC), Cardano (ADA), Binance Coin (BNB), Dogecoin (DOGE), and Sui (SUI) against USD1.

This addition to Bitrue's spot exchange allows for seamless trading and easy swaps with Tether (USDT), the most liquid stablecoin. Furthermore, Bitrue has announced plans to list WLFI, the governance token of World Liberty Financial, which will offer staking options through Bitrue’s Power Piggy product. This feature will enable holders to earn passive income with daily rewards, enhancing the utility and appeal of the stablecoin.

The launch of USD1 on Bitrue significantly expands its reach, building on its growing presence across multiple major exchanges. USD1 is already traded on popular platforms, including PancakeSwap, KuCoin, Bitget, MEXC, Gate.io, Binance, and Bybit. Additionally, USD1 is integrated with Alchemy Pay, a leading crypto payment gateway, allowing users in 173 countries to purchase the stablecoin using mainstream fiat methods such as Visa, Mastercard, Apple Pay, Google Pay, local bank transfers, and mobile wallets.

Launched in April by World Liberty Financial and managed by BitGo Trust Company, a U.S.-regulated custodian, USD1 has quickly established itself as a significant player in the stablecoin market. Designed to maintain a 1:1 peg to the U.S. dollar, USD1 is fully backed by U.S. Treasuries, ensuring stability and reliability for users. This strategic move by Bitrue not only enhances the exchange's offerings but also positions USD1 as a viable alternative in the stablecoin landscape, potentially attracting more users and investors to the platform.