TechFlow news, June 16 — According to an announcement by Huobi HTX, HTX will open spot trading for BTC/USD1 and ETH/USD1 on June 17. BTC/USD1 spot trading will go live at 10:00 (GMT+8) on June 17, while ETH/USD1 spot trading will launch at 10:30 (GMT+8) the same day.
Previously, Huobi HTX was the first platform globally to list the USD1/USDT trading pair, becoming the first major exchange to support USD1 (World Liberty Financial USD). USD1 is a fiat-backed stablecoin pegged 1:1 to the US dollar, designed to streamline the conversion between digital assets and fiat currencies, enhancing transaction efficiency and stability. The addition of BTC/USD1 and ETH/USD1 trading pairs further enriches the USD1 trading ecosystem, improves convenience and diversity for users trading major assets with USD1, provides global users with broader stablecoin trading options, and promotes wider adoption of USD1 across digital asset markets.
