USD1 Debut: A Masterclass in HTX Agility and Execution
On May 6th, HTX announced the global debut of the USD1 stablecoin, establishing itself as the pioneering exchange platform to support trading of this asset.
USD1 is pegged 1:1 to the US dollar, backed by a reserve comprising short-term US Treasury bonds, cash, and cash equivalents. Custody is managed by the established institution BitGo, with regular audits conducted by third-party firms to ensure compliance and transparency. Currently deployed on both the Ethereum and BNB chains, USD1 has achieved a circulating market capitalization exceeding $2.1 billion, positioning it among the top five stablecoins in both centralized and decentralized markets, underscoring its considerable market potential.
HTX listed USD1 with remarkable speed: an announcement on May 5th at 11:10, followed by deposit services commencing at 19:30 that evening, and the launch of spot trading pairs the next day at 11:00. Furthermore, the platform concurrently introduced a zero-fee promotion for the USD1/USDT spot trading pair, effective from 11:00 on May 6th, 2025, until 23:59 on December 31st, 2025. This initiative directly enhances the user experience.
This series of efficient actions by HTX not only injects significant momentum into the adoption of USD1 but also lays a solid foundation for the further expansion of the WLFI ecosystem.
Anticipating WLFI Listing: HTX’s Next Strategic Play?
Following the USD1 launch, market attention has swiftly turned to the next potential high-profile project: WLFI.
Launched on October 15th, 2024, WLFI successfully raised $550 million across two token sale rounds, attracting participation from over 85,000 investors. Notably, the project has garnered support from influential figures such as Justin Sun, DWF Labs, and Mike Dudas.
Consequently, HTX’s next move regarding WLFI has become key topics within the crypto community. After the precedent-setting launch of USD1, could WLFI be the platform’s next significant offering?
Historically, HTX has demonstrated a “bold yet meticulous” approach to new asset listings—venturesome in exploring emerging sectors while precisely gauging market sentiment.
In the Q1 2025, HTX decisively listed TRUMP amidst market skepticism. This asset subsequently experienced a peak surge of 900%, rapidly generating market attention and user enthusiasm, effectively setting the stage for the surge in “celebrity coins.” Following this, HTX implemented a series of targeted marketing and promotional activities around TRUMP, capitalizing on the prevailing market trend.
Similarly, HTX exhibited foresight in the AI concept coin sector, proactively listing VIRTUAL on the BASE chain (gaining 104%), AVAAI on the SOLANA chain (increasing by 256%), and LUNA (rising by 312%), providing investors with prime opportunities to capitalize on emerging trends.
This strategy of “pioneering with prudence” has enabled HTX to consistently maintain a leading position in the competitive cryptocurrency market. In this context, the potential listing of WLFI on HTX appears to be a logical progression.
Furthermore, the close relationship between Justin Sun and both WLFI and HTX strengthens this anticipation. From TRUMP to USD1, Justin Sun has played an active role in the WLFI ecosystem, with HTX naturally serving as a crucial platform for his strategic initiatives.
Clearly, HTX’s approach to being a first mover is not arbitrary. Each selection is carefully considered, capitalizing on network connections, key junctures, and potential advantages.
Of significant note, WLFI officially announced on May 7th its plan to test on-chain airdrop functionality via a Snapshot proposal. This initiative aims to distribute a small amount of USD1 to eligible $WLFI holders to verify the airdrop system and reward early supporters. This move not only enhances community engagement and project visibility but also adds further tangible basis and speculative potential for WLFI’s potential listing on HTX.
WLFI First on HTX? Justin Sun’s Statement Ignites Excitement
From TRUMP to USD1, HTX has consistently delivered “debut blockbuster” listings, providing a compelling prelude for the potential launch of WLFI. This time, Justin Sun’s direct statement has further elevated expectations for WLFI’s premiere on HTX.
On May 6th, Eric Trump, son of Donald Trump, announced on social media, “#USD1 is now live on HTX!” Justin Sun subsequently retweeted and responded, “WLFI coming soon on HTX.”
This single statement has generated significant excitement. It not only provides a clear indication of WLFI’s impending arrival on HTX, also further solidifies HTX’s position as a central platform for WLFI’s strategic execution.
It is foreseeable that once WLFI is successfully listed on HTX, the combined influence of “ Justin Sun + HTX” will likely trigger a new wave of market enthusiasm, potentially establishing WLFI as another “blockbuster” project for HTX in 2025.
The post first appeared on HTX Square.
