Invezz
2025-07-10 09:18:26

Bitrue launches USD1 as base currency, adds 10 trading pairs ahead of WLFI listing

Bitrue, a cryptocurrency exchange, announced the launch of USD1 from World Liberty Financial as a base trading pair on its spot exchange. The exchange has gone live with an initial set of 10 trading pairs, claiming broader support than other centralized platforms. More pairs are expected to be introduced soon. Bitrue also said that WLFI will be added for trading and staking once it becomes available. The assets now tradable directly with USD1 are BTC, ETH, XRP, SOL, TRX, XDC, ADA, BNB, DOGE, and SUI. Additionally, USD1 is available for trading against USDT. Bitrue said the new listings reflect its ongoing efforts to expand trading options and support a broader range of investment strategies. The exchange described the move as part of its push to lead in stablecoin innovation, aiming to enhance market efficiency and offer early access to emerging tokens like USD1. Trump family-linked token World Liberty Financial, the issuer of USD1, is a relatively new entity with ties to the Trump family. Donald Trump Jr and Eric Trump hold management roles at the organisation. The firm has launched two tokens to date: USD1, a stablecoin pegged to the U.S. dollar, and WLFI, a governance token. Bitrue said both tokens are drawing growing interest from investors, with USD1 reportedly surpassing Circle’s USDC in daily trading volume, reaching over $4 billion. The exchange noted that USD1 is fully backed 1:1 with real-world assets and supports multiple blockchains, including Ethereum, Binance Chain, and Tron. “These tokens are highly emblematic of the rapid expansion of the crypto industry in 2025, given that they have such close ties to the President of the USA and the significant steps his office is taking to legitimize crypto worldwide.“ said Adam O’Neill, Chief Marketing Officer at Bitrue. USD1 has already secured partnerships with platforms such as Pancakeswap and Plume Network, helping to establish its presence across both decentralized (DeFi) and traditional finance (TradFi) sectors, Bitrue said. The exchange also announced plans to list the WLFI governance token for trading in the coming weeks. WLFI will be supported through Bitrue’s Power Piggy earning product, enabling holders to earn additional WLFI through daily passive income payouts. Bitrue added that more tokens will be paired with USD1 in the weeks ahead, based on community feedback. The post Bitrue launches USD1 as base currency, adds 10 trading pairs ahead of WLFI listing appeared first on Invezz

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