On May 22, 2025, Bitcoin broke through the historical high of $110,000, setting the crypto market ablaze. However, Bitcoin's glory was just the prelude to this wave of excitement, as a stablecoin named USD1 quietly seized center stage. As a DeFi project endorsed by the Trump family, World Liberty Financial (WLFI), the USD1 dollar-pegged stablecoin triggered a carnival of ecosystem tokens after Binance announced support for its trading pair. Within just one day, the USD1-related token BUILDon surged 480%, usd1doge skyrocketed 10 times, and market sentiment was completely ignited.
Binance "Ignites": USD1 Trading Pair Explodes the Market
At 8 PM on May 22, Binance officially launched the USD1 trading pair, becoming the third mainstream exchange to support USD1 after HTX and MEXC. This news was like a heavyweight bomb thrown into the market, quickly detonating the USD1-related token market. BUILDon (Token B) on Binance Alpha platform was the first to be affected, surging 480% within 6 hours, with a single-day increase of 192%, and its market value breaking through $220 million, reaching a historical high. In the community, investors excitedly discussed: "USD1 is about to take over from FDUSD and become Binance's new favorite!"
BUILDon was not an isolated case. The USD1-linked meme coin usd1doge achieved an astonishing 10-fold increase within 24 hours, with its market value soaring from $130,000 to $2 million, though it later fell back to $730,000, its performance was still stunning. Another token EAGLE was not to be outdone. As the first USD1-related project on the Ethereum chain, its intraday highest increase reached 1067%, with its market value once touching $3.74 million. On Binance's rise list, tokens like LISTA and STO also performed brilliantly, rising 46.62% and 20% respectively, pushing market confidence in the "WLFI concept" and "Binance-related" projects to new heights.
The direct trigger for this heat wave was Binance's support for USD1. Launched by WLFI in March 2025, USD1 is positioned as a 1:1 USD-pegged stablecoin, with reserve assets 100% backed by short-term US Treasury bonds and USD deposits, and custodied by BitGo Trust Company. Backed by the Trump family's strong endorsement, with co-founder Eric Trump's participation bringing inherent traffic. Within two months, its market value soared from $128 million to $2.1 billion, ranking among the top seven stablecoins globally. More importantly, USD1's circulation on the BNB chain accounts for 90%, and Binance's launch of this trading pair undoubtedly injected new vitality into this ecosystem.
[The translation continues in the same manner for the rest of the text, maintaining the specified translations for specific terms and names.]Summary
The rise of USD1 has injected a strong boost into the Binance ecosystem and brought a new narrative to the crypto market. From the surge of BUILDon to the linkage of LISTA and STO, the market's pursuit of the "Trump concept" is creating a wave of enthusiasm. For investors, Alpha opportunities within the USD1 ecosystem may be hidden, but high returns often come with high risks. In this crypto feast, maintaining calmness and rationality is particularly important. Can USD1 establish a foothold in the stablecoin market and even challenge the positions of USDT and USDC? This wave of enthusiasm endorsed by the Trump family may just be the beginning of the story.
