Memecoin launchpad BONK.fun has unveiled USD1 trading pairs under its new “Project Wings” initiative, developed in collaboration with World Liberty Financial.
For token deployers, BONK.fun now allows USD1 stablecoin to be selected as the base pair when launching new tokens. Traders can access USD1 pairs directly on BONK.fun, via Raydium’s interface, or through third-party trading bots.
The platform also announced promotional rewards for eligible participants trading USD1 pairs, though details on reward structure, eligibility, and distribution remain undisclosed.
USD1 Stablecoin Expands Across Global Platforms
BONK.fun joins a growing list of platforms integrating the USD1 stablecoin, which is rapidly gaining traction in both centralized and decentralized markets. USD1 is already supported on Binance, Coinbase, Kraken, KuCoin, HTX, Gate, Bitrue, MEXC, and more, as well as across multiple blockchains including Ethereum, BNB Smart Chain, Solana, and Tron.
This expansion follows a major announcement earlier this year. At Token2049 Dubai in April, WLFI co-founder Zach Witkoff revealed that USD1 had been chosen as the settlement stablecoin in a $2 billion investment deal involving Binance and Abu Dhabi-based investment firm MGX. MGX had previously planned to inject $2 billion into Binance using stablecoins without specifying which one; confirmation of USD1 as the settlement token likely fueled the stablecoin’s rapid market cap growth, which has now exceeded $2.5 billion.
USD1 has risen to become the world’s fifth-largest stablecoin by market cap, currently valued at $2.66 billion, according to CoinMarketCap.
