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USD1 stablecoin hits $60B cumulative trading volume on Binance, showing steady market use since March 2025 launch

Market News
21 Sep 2026, 02:59 WIB
Blockonomi
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Bullish
USD1 stablecoin hits $60B cumulative trading volume on Binance, showing steady market use since March 2025 launch

The USD1 stablecoin has surpassed $60 billion in cumulative trading volume on Binance since its launch in March 2025, with monthly volumes stabilizing between $5 billion and $8 billion. Backed by U.S. dollars and short-term Treasury bills, USD1 operates under an institutional compliance framework. While its market cap stands at $4.33 billion, a large portion comes from a single $2 billion institutional transaction related to Binance. Analysts view the steady trading volume as a sign of consistent usage, and broader stablecoin inflows into the crypto market continue to rise, signaling bullish momentum alongside Bitcoin's positive trend.

The news highlights strong activity in stablecoins on Binance, while Binance Coin (BNB) shows positive momentum on Pluang. BNB trades at Rp13.797.314 with a 2.20% gain in the last day. As of Sep 21, 2026 07:21 WIB, BNB’s market cap is Rp1.832,14 trillion with a 24-hour volume of Rp28,29 trillion on Pluang.

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