MEXC has officially announced the listing of World Liberty Financial’s USD1 stablecoin in its Innovation Zone, effective today, May 9, 2025. The USD1/USDT trading pair will go live at 08:00 UTC, while the MEXC Convert feature will be available from 09:00 UTC, allowing users to convert assets on the platform seamlessly.
This move highlights MEXC’s commitment to advancing the global stablecoin ecosystem. USD1 is a stablecoin fully backed 1:1 by the US dollar, with reserves held by BitGo and subject to regular third-party audits to ensure transparency and stability. Currently, USD1 is available on Ethereum and BNB Chain, with plans to expand across additional blockchain networks, further enhancing its interoperability.
The stablecoin has already gained significant traction in decentralized finance (DeFi). Noteworthy developments include ListaDAO’s launch of a USD1 lending vault on BNB Chain, providing liquidity for 20 million USD1. Furthermore, market maker DWF Labs has deployed liquidity across multiple platforms, expanding USD1’s availability and market depth. The stablecoin’s market capitalization has recently surpassed $2.12 billion, reflecting its growing demand and adoption in the crypto ecosystem.
To celebrate the USD1 listing, MEXC is offering exclusive promotions. Starting at 08:00 UTC on May 8, 2025, MEXC will waive all trading fees for the USD1/USDT spot trading pair, alongside zero withdrawal fees for USD1 transactions. These benefits aim to enhance the user experience for those engaging with the newly listed stablecoin.
Looking ahead, MEXC plans to continue its support for stablecoin projects, working towards the broader global adoption of digital assets. The platform continues improving its offerings to ensure a seamless and secure trading experience for its global user base.
In related news, MEXC previously listed MilkyWay (MILK) on April 29, 2025, and launched a reward campaign featuring a total prize pool of 448,000 MILK tokens and 50,000 USDT, available to new and existing users. MilkyWay enters the spotlight as a next-generation restaking protocol within the Celestia ecosystem, operating under Initia’s framework.
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