Trump-Backed Stablecoin USD1 Joins BNB Chain’s Zero-Fee Carnival

The Donald Trump-backed USD1 token, developed by World Liberty Financial Inc. (WLFI), is now part of BNB Chain’s Zero Gas Fee Carnival. This means users can transfer USD1 across supported wallets on the BNB Chain at absolutely no cost—unlimited times per day.

The inclusion marks a key moment not just for WLFI’s stablecoin ambitions, but for BNB Chain’s broader plan to onboard users into the Web3 ecosystem through cost-free, high-speed stablecoin transactions.

USD1 Takes Center Stage in BNB Chain’s Campaign

BNB Chain's "Zero Gas Fee Carnival" allows users to transfer top stablecoins—FDUSD, USDT, USDC, and now USD1—without paying any gas fees when using approved wallets and platforms. But USD1 stands out. While other stablecoins are limited to just two free transfers per day, USD1 allows unlimited daily transfers.

BNB Chain’s partnership with leading wallets, exchanges, and bridges has made transferring stablecoins on the BSC simpler. This collaboration includes major exchanges like Binance, MEXC, and Lbank, all of which are supporting USD1 transfers without any fees. The stablecoin is currently supported by a set of major wallets including Binance Wallet, TokenPocket, MathWallet, UXUY, SafePal, and Coin98. More integrations are expected soon.

Each transfer must be worth at least $0.10, and only direct wallet-to-wallet transfers on BSC are eligible. Swaps or DApp transactions won’t qualify.

For users on other chains, the event is even more inclusive. Thanks to partnerships with Celer cBridge and Meson.fi, bridging stablecoins into BSC or opBNB is now fee-free.

The promotion runs until June 30, 2025.

USD1: A Stablecoin Backed by Traditional Finance

Launched by WLFI, USD1 aims to combine the utility of DeFi with the credibility of traditional financial systems. Each token is reportedly backed 1:1 with U.S. dollars, short-term treasuries, and similar cash equivalents. The reserves are independently audited and custodied by BitGo, a regulated digital asset custodian serving institutional clients worldwide.

WLFI’s goal is to deliver a digital dollar that offers transparency, trust, and compliance—something that anonymous or algorithmic stablecoins struggle to provide.

This conservative design aligns with WLFI’s pro-sovereign and institution-friendly vision. And in a political climate where regulation looms large over stablecoins, having backing from figures like Donald Trump could offer a unique edge in adoption.