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World Liberty Financial ($WLFI) co-founder and CEO Zach Witkoff has confirmed that the $XRP/$USD1 trading pair is set to launch on Binance.
The move marks the latest expansion of the $USD1 stablecoin pair. Witkoff shared the update via social media, highlighting the stablecoin pair alongside $DOGE/$USD1 and $SUI/$USD1. He added that the launch reflects the continued global adoption of $USD1 as a trading and settlement option.
$XRP/$USD1 Added as Binance Expands $USD1 Markets
According to Binance’s official announcement, trading for $XRP/$USD1, $DOGE/$USD1, and $SUI/$USD1 will go live tomorrow, December 16, at 08:00 UTC.
This move expands Binance’s $USD1-denominated markets and provides another major liquidity venue for $XRP. The addition supports $WLFI’s goal of increasing $USD1 adoption on major exchanges.
Trading Bots Support and Zero-Fee Incentives
Binance also confirmed that Spot Algo Orders will be enabled for $XRP/$USD1, $DOGE/$USD1, and $SUI/$USD1 at launch. Additionally, Spot Grid and Spot DCA services will be available for $BNB/$USD1, SOL/$USD1, and ETH/$USD1.
To boost early liquidity, Binance is rolling out fee promotions for the new $USD1 pairs. During the promotion, users at VIP levels 2 through 9, along with Spot Liquidity Providers, will be able to trade $XRP/$USD1, $DOGE/$USD1, and $SUI/$USD1 without paying any maker or taker fees.
Standard fees will still apply to regular users and VIP 1 accounts. Binance noted that during the promotion, trading volumes from these pairs will not count toward VIP tier calculations or liquidity provider programs for higher-tier users, and discounts such as $BNB fee reductions will not apply.
Implications for $XRP and Broader Expansion
The addition of $XRP/$USD1 on Binance provides $XRP holders with another stablecoin trading option. The new pair offers greater flexibility and could boost liquidity as $USD1 adoption spreads across major exchanges.
Notably, earlier this month, $XRP became available for trading against the Hong Kong Dollar (HKD) on OSL’s licensed platform for professional investors. Deposits and withdrawals are supported via the $XRP Ledger, with trading available for $XRP/USD, $XRP/USDT, and $XRP/HKD.
This development allows Hong Kong investors to trade $XRP directly in HKD, reducing currency conversion friction and strengthening $XRP’s presence in the city’s regulated crypto market.