NEW
stablecoin listing Flash News List | Blockchain.News
Flash News List

List of Flash News about stablecoin listing

Time Details
2025-05-05
13:06
HTX Launches USD1 Stablecoin: First Major CEX Listing for Trump-Backed DeFi Dollar, Market Impact Analysis

According to EmberCN, HTX will become the first centralized exchange (CEX) to list the USD1 stablecoin, which is supported by the Trump family-backed DeFi project WorldLibertyFi. USD1 is collateralized by short-term US Treasury bonds, dollar deposits, and other cash equivalents, providing a robust backing structure. With a current market capitalization of $2.12 billion, USD1 ranks as the fifth largest stablecoin. This listing is expected to increase USD1’s liquidity and could prompt other major cryptocurrency exchanges to follow suit, creating new trading opportunities and potential arbitrage scenarios across platforms (source: EmberCN on Twitter, May 5, 2025).

Source