Huobi HTX Lists Trump-Family USD1 Stablecoin, Aims for Global Adoption

Huobi HTX, a prominent cryptocurrency exchange, has announced the listing of USD1, a stablecoin issued by the Trump family project World Liberty Financial (WLFI). The listing is scheduled to take place at 11:00 AM today, with USD1 being paired against USDT for spot trading. This move positions Huobi HTX as the first trading platform to offer USD1, providing users with an early opportunity to engage with this new stablecoin.

USD1 is designed to be fully compliant with U.S. regulatory standards, ensuring a stable and secure financial instrument for users. The stablecoin aims to bring financial freedom to global users, aligning with the vision of Huobi HTX and its global advisor, Justin Sun, who is also the founder of TRON. Sun, during a conversation with Eric Trump at the TOKEN2049 Dubai conference, highlighted the collaboration between Huobi HTX and USD1, emphasizing the potential for widespread adoption and financial inclusion.

In addition to the listing, Huobi HTX has opened USD1 deposit services, allowing users to transfer funds into their accounts in preparation for trading. The withdrawal service for USD1 will be activated on May 7th at 11:00 AM (GMT+8), providing users with the flexibility to manage their assets efficiently. This comprehensive approach by Huobi HTX ensures that users have a seamless experience when engaging with USD1, from deposit to trading and withdrawal.

The listing of USD1 on Huobi HTX marks a significant development in the cryptocurrency market, as it introduces a new stablecoin that adheres to stringent regulatory standards. This move is expected to attract users seeking a reliable and compliant stablecoin for their trading and investment activities. The collaboration between Huobi HTX and World Liberty Financial underscores the exchange's commitment to innovation and its role in driving the adoption of new financial technologies.