According to the news from Shenchao TechFlow on June 16, Huobi HTX announced that it will open the BTC/USD1 and ETH/USD1 spot trading pairs on June 17. Among them, the BTC/USD1 spot trading will be opened on June 17 at 10:00 (GMT+8), and the ETH/USD1 spot trading will be opened on June 17 at 10:30 (GMT+8).
Previously, Huobi HTX was the first in the entire network to launch the USD1/USDT trading pair, becoming the first mainstream platform to support USD1 (World Liberty Financial USD) trading. USD1 is a stablecoin backed by fiat currency and pegged to the US dollar at a 1:1 ratio, aimed at simplifying the exchange process between digital assets and fiat currency, enhancing trading efficiency and stability. The addition of BTC/USD1 and ETH/USD1 trading pairs further enriches the trading ecosystem of USD1, improving the convenience and diversity for users participating in mainstream asset trading with USD1, and providing global users with richer stablecoin trading support, promoting the widespread application of USD1 in the digital asset market.
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