Binance cozies up to Trumps crypto platform with USD1 stablecoin links

Binance added a host of zero-fee trading pairs for the Trump family’s stablecoin and used it to back its own stablecoin collateral.

The world’s largest crypto exchange, Binance, has expanded its listings to include more trading pairs tied to the Trump family’s stablecoin.

Binance announced on Thursday that it has expanded support for World Liberty Financial’s USD1 stablecoin by adding fee-free trading pairs for major tokens, including Ether (ETH), Solana (SOL) and BNB (BNB) in addition to its already listed Bitcoin (BTC).

The exchange said it would also convert all collateral assets backing its stablecoin, BUSD, into USD1 at a 1:1 ratio, within a week.  

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