Binance Lists USD1 Stablecoin Backed by US Treasury Assets

Binance has listed a new stablecoin, USD1, backed 100% by U.S. government assets, signifying increased institutional involvement in the cryptocurrency market. This listing follows WLFI’s introduction of their USD1 stablecoin on Ethereum and BNB Chain, marking its debut on Binance after successful collaboration with prominent platforms like BitGo. This marks a significant step toward broader financial integration within the crypto space.