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Upbit Lists USD1 Stablecoin for Expanded Trading

Upbit, a leading digital asset exchange in South Korea, has announced the listing of WorldLibertyFinancial USD (USD1), a stablecoin. Starting September 1, 2025, trading for the new stablecoin will be available across the Korean Won (KRW), Bitcoin (BTC), and USDT markets.

This move is part of Upbit’s strategy to diversify its offerings and provide traders with more options, particularly those seeking stable, dollar-backed collateral. The introduction of USD1 is expected to expand market accessibility and appeal to a wide range of traders.

The listing notice confirmed that USD1 will be supported on all three markets, reinforcing Upbit’s role in the South Korean crypto trading scene. While the listing provides new opportunities for traders, there have been no official comments on the development from key regulatory bodies or blockchain leaders as of the announcement date.

September 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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