On May 6, cryptocurrency exchange HTX added support for the USD stablecoin USD1 from World Liberty Financial, a company affiliated with Donald Trump.
Major milestone: USD1 is now officially listed on @HTX_Global.
The USD1/USDT pair is live for deposits now.
Trading begins tomorrow, and withdrawals open May 7th.Our first major exchange listing—and just the beginning.
Let’s build.— WLFI (@worldlibertyfi) May 5, 2025
The listing process was expedited: the announcement was made on May 5, and trading commenced on May 6 in the spot market. The exchange has introduced zero fees for the USD1/USDT pair until the end of 2025.
The token is backed by a reserve of short-term U.S. Treasury bonds, cash, and cash equivalents managed by the crypto custody service BitGo.
At the time of publication, USD1’s market capitalization exceeded $2.1 billion, placing the token among the top five largest stablecoins. Currently, USD1 is available on the Ethereum and BNB Chain networks.
Following the listing of USD1, market attention shifted to the Trump family’s DeFi project, World Liberty Financial (WLFI). On May 6, in response to Eric Trump’s post about USD1, TRON founder Justin Sun stated, “WLFI coming soon on HTX.”
WLFI coming soon on HTX @HTX_Global! https://t.co/CViIqAi57I
— H.E. Justin Sun ? (@justinsuntron) May 6, 2025
World Liberty Financial raised $590 million through two token sales. Co-founder Zach Falkman attributed the success of the token sale to investments by Justin Sun.
Previously, World Liberty Financial initiated a snapshot vote among WLFI token holders regarding a USD1 airdrop proposal.