MEXC, a leading digital asset exchange, incorporates USD1 into its ecosystem, including trading, savings, and futures. This move enhances liquidity and offers zero-fee promotions. Vugar, COO of MEXC, highlights the importance of broadening compliant stablecoin choices. USD1 trading pairs and related features will be rolled out soon, increasing its presence globally.
USD1 is fully backed by U.S. government securities and cash equivalents managed by BitGo Trust Company.