Huobi HTX will open USD1 deposit service today at 19:30 and will launch the USD1/USDT trading pair on May 6

2025-05-05 19:00:23

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ChainCatcher news, according to the announcement from Huobi HTX, Huobi HTX will open the USD1 deposit service on May 5 at 19:30 (GMT+8). The USD1/USDT spot trading will open on May 6. The USD1 withdrawal service will open on May 7 at 11:00 (GMT+8).

It is reported that as the first trading platform in the world to launch USD1, Huobi HTX will provide users with a faster opportunity to participate. USD1 is a digital asset backed by fiat currency, designed to maintain a 1:1 parity with the US dollar. This stablecoin was launched in April 2025 by World Liberty Financial (WLFI), a fintech company based in Miami, Florida, aiming to simplify the digital trading process by providing seamless exchanges between fiat and digital assets. USD1 is issued and legally managed by BitGo Trust Company, a regulated trust institution located in South Dakota, ensuring full compliance with US regulatory standards.

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Huobi HTX USD1 BitGo Trust Company

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