Binance has listed USD1, a stablecoin issued by World Liberty Financial (WLFI), on its spot trading platform. This listing has ignited political debate due to WLFI’s close ties with former U.S. President Donald Trump. The USD1/USDT pair began trading at 12:00 UTC on May 22nd, marking Binance as the latest major exchange to support the token. USD1 has rapidly gained traction since its introduction in March 2025, currently holding a market capitalization of over $2.1 billion and placing it seventh in the stablecoin rankings. The USD1 token holds a fixed value of one U.S. dollar, backed by cash reserves, government bonds, and dollar-based bank balances, managed under BitGo Trust Company, a U.S.-regulated trust. Binance’s USD1 withdrawal feature will become active on May 23rd at 12:00 UTC. After this, the token is fully integrated into Binance’s programs and services. WLFI’s ties to Trump have spurred political action. U.S. Senator Democrats have called for greater scrutiny of WLFI’s operations due to its close association with Mr. Trump and his sons, who serve as ‘Web3 Ambassadors,’ adding a new layer of political influence to the stablecoin landscape.