USD1 Stablecoin Sees Surge in Trading Activity on Binance and MEXC

World LibertyFi's USD1 stablecoin has been gaining traction in the cryptocurrency market, with trading volumes increasing steadily since its launch in 2025.

The surge in trading activity can be attributed to the incentives offered by major exchanges Binance and MEXC. These platforms have introduced rewards and yield programs for users who trade and hold USD1, encouraging more investors to participate in the stablecoin's ecosystem.

Binance has been at the forefront of USD1's growth, with trading volumes reaching new heights in January and February. The platform recorded $7.8 billion and nearly $8.6 billion respectively, setting records for USD1.