Bitget has launched USD1, a stablecoin issued by WLFi, which supports ETH and BSC chains
PANews reported on May 26 that according to Bitget's announcement, the stablecoin USD1 issued by World Liberty Financial has been officially launched in its innovation zone and Web3 zone, and the supported trading pairs are USD1/USDT and USD1/USDC. USD1 is 100% backed by short-term U.S. Treasury bonds, USD deposits, and other cash equivalents, and was initially issued on Ethereum and BSC chains, with plans to expand to other chains. Withdrawals will open at 11:00 (UTC) on May 27.
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