World Liberty Financial, a Trump-backed entity, has launched USD1, a fully fiat-backed stablecoin pegged 1:1 to the U.S. dollar and backed by U.S. Treasuries. The stablecoin offers zero-fee minting and redemption, aiming to provide stability and transparency for global payments and decentralized finance (DeFi). USD1 was first listed on KuCoin on May 21, 2025, and subsequently listed on Binance on May 22, 2025, making it available to over 270 million users on the world's largest cryptocurrency exchange. Binance opened the USD1/USDT trading pair and announced trading would start on May 22 with withdrawals commencing on May 23. The listing includes trading restrictions in the EU and US. World Liberty Financial also purchased 636,961 BUILDon (B) tokens, a memecoin project on the Binance Smart Chain (BSC), using 25,011 USD1 tokens to support the project team and encouraged other projects to adopt USD1 as their base trading pair. Binance Futures plans to launch perpetual contracts for BUILDon tokens starting May 22, 2025. USD1 is verified by Chainlink and custodied by BitGo, bridging traditional finance with blockchain efficiency and institutional-grade trust.