 |
SINGAPORE, May 6, 2025 /PRNewswire/ -- HTX, a leading global cryptocurrency exchange, has officially announced the listing of the USD1 stablecoin, becoming the first platform worldwide to support trading of this asset. This milestone underscores HTX's ongoing commitment to supporting high-quality blockchain projects and advancing the cryptocurrency ecosystem. USD1, a compliant stablecoin issued by World Liberty Financial (WLFI), is pegged 1:1 to the US dollar. The stablecoin is custodied by BitGo Trust Company, ensuring full compliance with US financial regulatory standards and providing users with a reliable digital asset solution.
USD1's Vision: Disrupting Legacy Financial Systems
During TOKEN 2049, Justin Sun, Advisor to HTX and Founder of TRON engaged in a discussion with Eric Trump, son of the US President, and WLFI Co-founder Zach Witkoff. Zach directly addressed three fundamental challenges within the traditional financial system:
- Lack of Transparency in Traditional Finance
- Financial Exclusion of a Significant Global Population
- Inefficient Cross-Border Payment Processes
The introduction of USD1 directly addresses these issues, aiming to redefine the concept of stablecoin. The goal for USD1 is to become the most compliant, transparent, and trustworthy stablecoin globally, evidenced by monthly audit reports and complete openness regarding its underlying asset reserves for institutional scrutiny. Eric Trump lauded the proactive role of compliant and transparent stablecoins like USD1 in promoting the internationalization of the US dollar and expressed optimism about the transformative potential of blockchain technology in reshaping traditional finance.
Justin emphasized that financial freedom is a core tenet of blockchain technology. The launch of USD1 and the collaboration with WLFI represent a significant step towards the convergence of DeFi and TraFi, with the aim of enabling every user to effortlessly utilize stablecoins via their mobile devices and participate in the global financial system.
As of May 6, USD1 has achieved a total market capitalization of approximately $2.12 billion, ranking prominently at 45th on CoinMarketCap, demonstrating rapid growth.
HTX Empowers Premium Projects, Fostering Long-Term Crypto Ecosystem Growth
As a leading global cryptocurrency exchange, HTX is committed to its listing strategy of "supporting quality projects and creating value for users." Leveraging rigorous research capabilities and efficient execution, HTX provides users with a diverse selection of high-quality digital assets. USD1, with its strong issuing team background, clear asset collateralization mechanisms, stringent audit processes, transparent regulatory pathway, and ambitious vision for financial freedom, aligns with HTX's established criteria for selecting premium assets. By being the first to list USD1, HTX offers its users enhanced investment options while simultaneously promoting the widespread adoption of blockchain technology within the global financial framework.
From WLFI's perspective, choosing HTX as the primary listing platform for USD1 was a strategic decision based on the exchange's comprehensive global market competitiveness. HTX consistently leads the industry in user base, trading volume, ecosystem development, and technological security.
Special Promotion for USD1 Launch on HTX
To commemorate the initial listing of USD1, HTX is offering a limited-time zero-fee trading promotion. From May 6, 2025, at 11:00 to December 31, 2025, at 23:59 (GMT+8), the USD1/USDT spot trading pair will be available with zero transaction fees. HTX's rapid response and seamless user experience provide global users with an exceptional opportunity to participate early in the USD1 ecosystem.
Powerful Alliance Forges a New Chapter in Decentralized Finance
The launch of USD1 signifies a pivotal advancement in the stablecoin landscape. As the premier global listing platform for USD1, HTX, with its robust ecosystem resources and global influence, provides boundless possibilities for the rapid adoption and expanded use cases of USD1.
As Justin articulated at the TOKEN 2049 summit, "We stand at a historical juncture where blockchain technology will redefine the boundaries of financial freedom." Moving forward, HTX will continue to uphold its principles of openness and innovation, collaborating with leading global projects to provide users with safer, more convenient, and efficient digital asset services, collectively shaping a remarkable future for decentralized finance.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
SINGAPORE, May 6, 2025 /PRNewswire/ -- HTX, a leading global cryptocurrency exchange, has officially announced the listing of the USD1 stablecoin, becoming the first platform worldwide to support trading of this asset. This milestone underscores HTX's ongoing commitment to supporting high-quality blockchain projects and advancing the cryptocurrency ecosystem. USD1, a compliant stablecoin issued by World Liberty Financial (WLFI), is pegged 1:1 to the US dollar. The stablecoin is custodied by BitGo Trust Company, ensuring full compliance with US financial regulatory standards and providing users with a reliable digital asset solution.
USD1's Vision: Disrupting Legacy Financial Systems
During TOKEN 2049, Justin Sun, Advisor to HTX and Founder of TRON engaged in a discussion with Eric Trump, son of the US President, and WLFI Co-founder Zach Witkoff. Zach directly addressed three fundamental challenges within the traditional financial system:
- Lack of Transparency in Traditional Finance
- Financial Exclusion of a Significant Global Population
- Inefficient Cross-Border Payment Processes
The introduction of USD1 directly addresses these issues, aiming to redefine the concept of stablecoin. The goal for USD1 is to become the most compliant, transparent, and trustworthy stablecoin globally, evidenced by monthly audit reports and complete openness regarding its underlying asset reserves for institutional scrutiny. Eric Trump lauded the proactive role of compliant and transparent stablecoins like USD1 in promoting the internationalization of the US dollar and expressed optimism about the transformative potential of blockchain technology in reshaping traditional finance.
Justin emphasized that financial freedom is a core tenet of blockchain technology. The launch of USD1 and the collaboration with WLFI represent a significant step towards the convergence of DeFi and TraFi, with the aim of enabling every user to effortlessly utilize stablecoins via their mobile devices and participate in the global financial system.
As of May 6, USD1 has achieved a total market capitalization of approximately $2.12 billion, ranking prominently at 45th on CoinMarketCap, demonstrating rapid growth.
HTX Empowers Premium Projects, Fostering Long-Term Crypto Ecosystem Growth
As a leading global cryptocurrency exchange, HTX is committed to its listing strategy of "supporting quality projects and creating value for users." Leveraging rigorous research capabilities and efficient execution, HTX provides users with a diverse selection of high-quality digital assets. USD1, with its strong issuing team background, clear asset collateralization mechanisms, stringent audit processes, transparent regulatory pathway, and ambitious vision for financial freedom, aligns with HTX's established criteria for selecting premium assets. By being the first to list USD1, HTX offers its users enhanced investment options while simultaneously promoting the widespread adoption of blockchain technology within the global financial framework.
From WLFI's perspective, choosing HTX as the primary listing platform for USD1 was a strategic decision based on the exchange's comprehensive global market competitiveness. HTX consistently leads the industry in user base, trading volume, ecosystem development, and technological security.
Special Promotion for USD1 Launch on HTX
To commemorate the initial listing of USD1, HTX is offering a limited-time zero-fee trading promotion. From May 6, 2025, at 11:00 to December 31, 2025, at 23:59 (GMT+8), the USD1/USDT spot trading pair will be available with zero transaction fees. HTX's rapid response and seamless user experience provide global users with an exceptional opportunity to participate early in the USD1 ecosystem.
Powerful Alliance Forges a New Chapter in Decentralized Finance
The launch of USD1 signifies a pivotal advancement in the stablecoin landscape. As the premier global listing platform for USD1, HTX, with its robust ecosystem resources and global influence, provides boundless possibilities for the rapid adoption and expanded use cases of USD1.
As Justin articulated at the TOKEN 2049 summit, "We stand at a historical juncture where blockchain technology will redefine the boundaries of financial freedom." Moving forward, HTX will continue to uphold its principles of openness and innovation, collaborating with leading global projects to provide users with safer, more convenient, and efficient digital asset services, collectively shaping a remarkable future for decentralized finance.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HTX Premieres USD1 Stablecoin Globally, Partnering with World Liberty Financial to Forge a New Era of Decentralized Economy
JEDDAH, Saudi Arabia, Jan. 12, 2026 /PRNewswire/ -- Dar Global (LSE: DAR), the London-listed international luxury real estate developer, announced today the official launch of Trump Plaza Jeddah, marking its third prestigious collaboration with The Trump Organization in Saudi Arabia. Valued at over USD 1 billion, this landmark development, strategically located within the expansive Amaya development along King Abdulaziz Road, is poised to redefine luxury urban living in Jeddah's thriving real estate landscape, following the successful launch of Trump Tower Jeddah in December 2024.
Residential offerings include fully furnished 1, 2, and 3-bedroom Trump Executive Residences; premium 2, 3, and 4-bedroom Trump Park Residences; and exclusive 4-bedroom Trump Townhouses. Together with thoughtfully designed home offices, premium retail, and curated dining, the project redefines modern living by blending convenience and luxury into a single, connected destination. Optional rental management services further enhance the appeal for international owners seeking a turnkey ownership experience.
Eric Trump, Executive Vice President of The Trump Organization, commented: "Expanding our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design. This project reflects the strength of our relationship with Dar Global and our confidence in Jeddah as a dynamic, globally relevant city. Trump Plaza Jeddah will set a new benchmark for integrated urban destinations."
Ziad El Chaar, CEO of Dar Global, added: "The launch of Trump Plaza Jeddah represents a major milestone in our Saudi portfolio. This is not a single-use development, but a carefully curated urban ecosystem designed for global residents who want to live, work, and connect within the best address in Jeddah. Anchored by a private park and supported by world-class amenities, Trump Plaza Jeddah introduces a new model for modern city living in the Kingdom."
Central to the lifestyle offering is the exclusive 4,000-square-metre Vitality Club, with golf simulators, a spa, sports medicine and recovery facilities, swimming pools, dining, and high-performance wellness spaces. Destination retail and dining, including Trump Grill, Trump Daily, an artisan bakery, and a fitness pro shop, reinforce its positioning as a district day and night.
Located at the heart of the 1,000,000-square-metre Amaya development, Trump Plaza Jeddah anchors a new, highly integrated urban district that reflects the Kingdom's growing prominence as a global real estate destination, supported by foreign-ownership incentives, a 0% capital gains tax, and accelerated infrastructure investment.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
DAR GLOBAL AND THE TRUMP ORGANISATION EXPAND SAUDI PORTFOLIO WITH USD 1BN TRUMP PLAZA JEDDAH
