Binance is expanding its stablecoin strategy again. The exchange has confirmed it will launch new USD1 trading pairs and convert all Binance-Peg BUSD collateral into USD1.
The move marks one of the largest stablecoin migrations on the platform since Binance shifted away from BUSD earlier this year.
The announcement arrives as the exchange continues tightening its stablecoin infrastructure and boosting USD1’s presence across spot markets. The update was first shared publicly through industry channels and later amplified by major market watchers, including this post from World Liberty Financial: