Key Takeaways:
UStables' new stablecoin, USD1 ($U), reached a peak 24-hour trading volume of $1.75 billion on Binance within three months of its debut, breaking into the top 10 of all cryptocurrencies by market-wide volume.
The surge in activity for the new stablecoin was highlighted on April 13, 2026, when trading volume for the BTC/U pair surpassed the historically dominant BTC/USDT pair on the exchange, according to data from Binance. This marks a significant milestone for a newcomer in the highly competitive stablecoin space.
To further drive adoption, Binance announced it will offer a zero-fee trading promotion for the BTC/U pair. The promotion is scheduled to begin at 8:00 AM Beijing Time (00:00 UTC) on April 17, 2026. The move is designed to attract liquidity and traders away from established pairs.
The rapid adoption of USD1 on the world's largest cryptocurrency exchange presents a direct challenge to the long-held dominance of Tether's USDT. The zero-fee promotion is expected to accelerate this shift, potentially altering liquidity dynamics across the market and increasing competitive pressure on other stablecoin issuers to reduce fees or offer similar incentives.
This article is for informational purposes only and does not constitute investment advice.
