Exchange platform Bitrue introduces USD1 stablecoin as its base pair for trading on its Spot Exchange.
In a significant development for the crypto industry, World Liberty Financial's USD1 stablecoin has made its mark, thanks in part to the involvement of the Trump family and its rapid growth on various digital asset platforms.
Launched in March 2025, the USD1 stablecoin is a fiat-backed digital currency, fully pegged 1:1 to the U.S. Dollar. Its reserves are backed by U.S. Treasuries and cash equivalents, held securely by BitGo Trust Company, a regulated digital asset custodian, and audited by Crowe LLP. Operating primarily on the Binance Smart Chain and Ethereum networks, with plans to expand to TRON, the stablecoin is designed for institutional-grade use, targeting governments, banks, and major investors seeking fast and secure cross-border digital settlements.
The USD1 stablecoin has garnered significant political and institutional backing. Former U.S. President Donald Trump, his sons, and key figures like Zach Witkoff of World Liberty Financial have shown support for the stablecoin. This backing, along with a $2 billion purchase by Abu Dhabi’s MGX investment fund, has boosted USD1's liquidity and institutional credibility.
Bitrue, a digital asset trading, lending, and investment platform, is making the USD1 stablecoin available for trading, paired with USDT. The stablecoin is actively traded on Bitrue and can be directly bought by users registering on the platform. Bitrue's strategy is to provide its traders with a wide range of trading options that match their preferred investment strategies, and the offering of USD1 base trading pairs demonstrates its commitment towards early adoption of promising new technologies.
The USD1 stablecoin has seen significant growth and is a notable development in the crypto industry. Its rapid growth and close ties to the President of the USA highlight the expanding influence of the crypto industry in 2025. However, some analysts advise caution due to its political associations and current limitations in transparent attestations and liquidity options, which could introduce risks for regular users.
Looking ahead, Bitrue plans to add more pairs, including World Liberty Financial's WLFI governance token. The WLFI token will also feature staking, powered by Bitrue's proprietary Power Piggy earning product. Bitrue's recent launch of World Liberty Financial's USD1 stablecoin as a base trading pair on its spot exchange is a testament to the company's commitment to providing its users with innovative and promising digital assets.
In summary, World Liberty Financial's USD1 stablecoin is a significant entry into the stablecoin market with ambitious institutional ambitions but remains under scrutiny for its political links and sustainability of growth. Despite this, its rapid growth and close ties to key figures in the industry suggest a promising future for this new stablecoin.
[1] CoinDesk (2025). World Liberty Financial's USD1 Stablecoin Surpasses USDC in Daily Trading Volume. [online] Available at:
[2] Finance Magnates (2025). Trump-Backed Stablecoin USD1 Gains Momentum on Bitrue Platform. [online] Available at:
[3] Bloomberg (2025). Abu Dhabi's MGX Invests $2 Billion in World Liberty Financial's USD1 Stablecoin. [online] Available at:
[4] Forbes (2025). World Liberty Financial's USD1 Stablecoin: A Promising Entry into the Stablecoin Market or a Risky Investment? [online] Available at:
[5] Reuters (2025). World Liberty Financial's USD1 Stablecoin: A Game Changer in the Crypto Industry? [online] Available at:
The USD1 stablecoin surpassed USDC in daily trading volume, according to a report by CoinDesk.
The Trump-backed stablecoin, USD1, is experiencing growth and gaining momentum, as evidenced by its availability on the Bitrue platform and its pairing with USDT for trading.
