Today, it was announced that USD1—the stablecoin from World Liberty Financial—will be officially listed on HTX. This marks the very first platform for the official launch of USD1.
Naturally, this raises a reasonable question: why HTX and not, say, Binance? After all, Binance is the world’s largest crypto exchange, and the highest volume of USD1 tokens has been issued on the Binance Smart Chain. Moreover, it seems the @worldlibertyfi team has been in active dialogue with @binance and @cz_binance himself, holding official meetings and project discussions. From all indications, CZ’s support has been substantial.
In my view, the main reason USD1 isn’t debuting on Binance US is that AML-monitoring restrictions haven’t yet been fully lifted, and there’s no final regulatory framework in place. The company’s requests to ease oversight remain under negotiation with the U.S. Department of the Treasury and have not yet succeeded.
Additionally, the GENIUS Act requires stablecoin issuers to maintain full asset reserves and undergo regular AML audits. Without the final passage of this law, issuers—including World Liberty Financial with USD1—cannot be guaranteed approval for listing on platforms subject to U.S. regulation.
That said, I believe this is only a temporary hurdle. In the meantime, it was necessary to pick an exchange to kick off the project without delay. HTX proved to be an excellent choice, allowing for product testing, integration into the Tron ecosystem, and time for thorough due diligence by other centralized exchanges, including Binance.
Furthermore, at TOKEN2049, @ZachWitkoff officially announced that USD1 will soon be integrated with the Tron blockchain. The project also enjoys the personal backing of
@justinsuntron. Historically, HTX has moved quickly to list Tron-based tokens thanks to its close collaboration with Justin Sun and his partners. Justin Sun is an official advisor to HTX, participates in its financial audit discussions, and has publicly confirmed holding “tens of millions” of HT tokens.
Speaking of @justinsuntron, he has made significant investments in WLFI and remains actively involved in the development of . This creates a powerful symbiosis that benefits both parties.
In summary, listing USD1 on HTX is both logical and strategically sound. Unlike Binance, HTX hasn’t been embroiled in major regulatory scandals in recent years, making it a safer venue for a stablecoin listing amid legal uncertainty.
I’m confident that once the regulatory questions around Binance and U.S. oversight are fully resolved, we’ll see USD1 listed not only on Binance but on other major global exchanges—everywhere, without restriction.
来自：@EmilyButtss
