TechFlow news, May 5 — According to an announcement from Huobi HTX, HTX will open USD1 deposit services on May 5 at 19:30 (GMT+8). Spot trading for USD1/USDT will be available starting May 6. Withdrawal services for USD1 will open on May 7 at 11:00 (GMT+8).
As the world’s first exchange to list USD1, Huobi HTX will offer users early access. USD1 is a fiat-backed digital asset designed to maintain a 1:1 parity with the U.S. dollar. Launched in April 2025 by Miami-based fintech company World Liberty Financial (WLFI), USD1 aims to streamline digital transactions by enabling seamless conversion between fiat and digital assets. USD1 is issued and legally administered by BitGo Trust Company, a regulated trust institution based in South Dakota, ensuring full compliance with U.S. regulatory standards.
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