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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.