Binance will list BNB/USD1, ETH/USD1 and SOL/USD1 trading pairs, enable zero-fee conversions between USD1 and USDC/USDT, and convert all reserves supporting its BUSD-pegged token into USD1 within seven days. After the conversion USD1 will be used as collateral across Binance systems (margin and internal liquidity). USD1 — issued by WLFI and linked to Donald Trump in reporting — is backed by U.S. Treasury bills, cash and equivalents, redeemable 1:1, has a $2.7B market cap and recently settled a $2B investment from Abu Dhabi’s MGX. The move follows political scrutiny after Donald Trump granted Binance founder Changpeng Zhao a pardon.

Binance will add explicit USD1 trading pairs and zero-fee conversions, and plans to convert all BUSD reserves into USD1 and use USD1 as collateral across Binance systems — concrete changes that increase USD1 liquidity and on-exchange collateral use. USD1 is backed by U.S. Treasury bills/cash, redeemable 1:1 and has a $2.7B market cap; a $2B MGX investment and recent political scrutiny after Trump’s pardon are factual context that raise regulatory/political risk. These facts support modestly positive sentiment for USD1 and material short-term market impact, tempered by political scrutiny.