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The Daily Hodl 2025-06-05 17:42:25

USD1 Stablecoin Goes Live on DWF Liquid Markets

June 5th, 2025 – Dubai, UAE The next-generation web3 investor and market maker DWF Labs has announced that the USD1 stablecoin has gone live on DWF Liquid Markets. Its introduction means that more than 1,000 counterparties can access USD1 via DWF’s institutional-grade trading solution. Developed by World Liberty Financial, USD1 operates as a fiat-backed stablecoin for institutional and retail traders. Custodied by BitGo, USD1 is fully backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. USD1 will form a cornerstone of DWF Liquid Markets which supports instant OTC trades using a request for quote (RFQ) model. This enables traders to tap into competitive price quotes and execute OTC trades privately with no market impact. Characterized by deep liquidity and 24/7 access, DWF Liquid Markets is optimized for facilitating large trades of leading crypto assets. Andrei Grachev, Managing Partner at DWF Labs, said: “Stablecoin diversity is integral to supporting a robust trading ecosystem that isn’t reliant on any single dollar-based asset. The launch of USD1 on DWF Liquid Markers supports this goal, giving professional traders access to a versatile and transparent stablecoin that can serve as a base pair for all their trading activity.” The introduction of USD1 on DWF Liquid Markets will significantly expand access to the institutional-friendly stablecoin which is fully backed by a reserve portfolio audited regularly by a leading accounting firm. Initially launched on Ethereum and Binance Smart Chain, USD1 will eventually expand to other protocols in the future. Each token is designed to maintain a value of $1 USD and is fully backed by a reserve portfolio audited regularly by a third-party accounting firm. About DWF Labs DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges. Learn more: https://www.dwf-labs.com/ Contact VP of Communcations Lynn Chia DWF Labs [email protected] This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post USD1 Stablecoin Goes Live on DWF Liquid Markets appeared first on The Daily Hodl .

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