WLFI CEO confirms XRP pair against USD1 coming to Binance

World Liberty Financial (WLFI) co-founder and CEO Zach Witkoff has confirmed that the XRP/USD1 trading pair will be launched on Binance.

This move marks the latest expansion of the USD1 stablecoin pair. Witkoff share Updates via social media highlight the stablecoin pair alongside DOGE/USD1 and SUI/USD1. He added that the introduction reflects the continued global adoption of $1 as a trading and payment option.

XRP/USD1 added due to expansion of USD1 market by Binance

According to Binance officially announced that XRP/USD1, DOGE/USD1, and SUI/USD1 trading will begin tomorrow, December 16th at 08:00 UTC.

This move expands Binance’s USD1 denominated market and provides another major liquidity venue for XRP. This addition supports WLFI’s goal of increasing USD1 adoption on major exchanges.

Trading bot support and zero commission incentives

Binance also confirmed that spot algo orders will be enabled for XRP/USD1, DOGE/USD1, and SUI/USD1 at launch. In addition, Spot Grid and Spot DCA services will also be available. For BNB/USD1, SOL/USD1, ETH/USD1.

To increase early liquidity, Binance is rolling out a new USD1 pair fee promotion. During the promotional period, VIP level 2-9 users and spot liquidity providers will be able to trade XRP/USD1, DOGE/USD1, and SUI/USD1 without paying maker or taker fees..

Standard pricing continues to apply to regular users and VIP 1 accounts. Binance noted that during the promotional period, the trading volume of these pairs will not be counted towards VIP tier calculations or the liquidity provider program for upper tier users, nor will discounts such as reduced BNB fees be applied.

Implications for XRP and broader expansion

The addition of XRP/USD1 to Binance provides another stablecoin trading option for XRP holders. The new currency pair offers more flexibility and could potentially increase liquidity as USD1 adoption spreads to major exchanges.

In particular, earlier this month, XRP now available A service for trading with Hong Kong Dollar (HKD) on OSL’s licensed platform for professional investors. Deposits and withdrawals are supported via the XRP Ledger, allowing trading of XRP/USD, XRP/USDT, and XRP/HKD.

This development will allow Hong Kong investors to trade XRP directly in Hong Kong dollars, reducing currency conversion friction and strengthening XRP’s presence in Hong Kong’s regulated crypto market.