MEXC Lists World Liberty Financial USD1 Stablecoin, Boosts DeFi Ecosystem

MEXC, a prominent global cryptocurrency exchange, has announced the listing of World Liberty Financial USD (USD1) in its Innovation Zone, effective May 9, 2025 (UTC). The USD1/USDT trading pair will commence trading at 08:00 on May 8, 2025 (UTC), with the MEXC Convert feature becoming available from 09:00 on the same day. This move underscores MEXC’s dedication to advancing the global stablecoin ecosystem by expanding the variety of digital assets on its platform.
USD1, developed by World Liberty Financial, is a stablecoin designed to offer secure and transparent digital asset services to a global user base. Backed 1:1 by the US dollar, USD1’s reserve assets are custodied by BitGo and held by Fidelity, with regular audits conducted by third-party accounting firms to ensure transparency and stability. Currently, USD1 operates on both Ethereum and Binance Smart Chain (BSC), with plans to extend its reach to additional blockchains in the future to enhance interoperability.
USD1 has made notable progress within the decentralized finance (DeFi) ecosystem. For instance, ListaDAO has launched a USD1 lending vault on BNB Chain, providing liquidity support for 20 million USD1. Additionally, DWF Labs, a renowned market maker, has deployed USD1 liquidity across multiple platforms, further enhancing its availability and market depth. USD1’s market capitalization has surpassed USD 2.12 billion, reflecting strong market demand.
To celebrate the successful listing of USD1, MEXC is offering a series of special promotions starting May 8, 2025, at 08:00 (UTC). These promotions include zero trading fees for the USD1/USDT spot trading pair and zero withdrawal fees for USD1. These incentives aim to thank users for their support and encourage participation in the new listing.
MEXC has earned the trust of 36 million users across 170+ countries worldwide, thanks to its fast token listing process, diverse asset offerings, deep liquidity, and robust security. The platform continues to empower quality projects and partners, actively promoting the healthy development of the global digital asset and stablecoin ecosystem. MEXC’s listing partnership with World Liberty Financial further drives innovation in the development of stablecoins, with the platform committed to strengthening its support for stablecoin projects and promoting their widespread adoption globally.
Looking ahead, MEXC will continue to iterate its products and services to provide users with a more secure and seamless trading experience. The platform’s commitment to simplicity and innovation makes crypto trading more accessible and rewarding for both new traders and experienced investors. MEXC’s user-friendly platform offers secure and efficient access to digital assets, prioritizing the needs of its users in a rapidly evolving market.

Comments
No comments yet