Bitrue adds Trump-backed USD1 stablecoin as base trading pair for 10 tokens

Key Points

1. Bitrue announced the launch of USD1, a stablecoin from Trump-backed World Liberty Financial, as a base trading pair on its spot exchange.

2. Users can now trade 10 major cryptocurrencies directly against USD1, including Bitcoin, Ethereum, XRP, Solana, and others.

3. USD1 is also tradable against Tether (USDT), facilitating easy swaps with the most liquid stablecoin.

4. Bitrue plans to list WLFI, the governance token of World Liberty Financial, with staking options available through its Power Piggy product.

5. USD1 is already traded on major exchanges like PancakeSwap, KuCoin, Bitget, and Binance, and is integrated with Alchemy Pay for fiat payments.

6. USD1 is the fifth-largest stablecoin by market cap, valued at $2.2 billion, and is fully backed by U.S. Treasuries.