In a significant move for the cryptocurrency trading space, Flipster, a rapidly expanding crypto perpetuals trading platform, has forged a partnership with World Liberty Financial (WLFI) to introduce USD1. This stablecoin is fully backed and regulated, aiming to enhance trading capabilities within Flipster’s advanced trading environment. The collaboration is expected to widen access to this trusted digital dollar across global markets, catering to the growing demand for stablecoins.
Stablecoins have become integral to cryptocurrency trading, facilitating liquidity, collateral, and settlement processes. The current settlement volumes of stablecoins have notably outstripped those of traditional financial giants Visa and Mastercard, highlighting their crucial role in the evolving landscape of digital finance.
By integrating USD1 into its platform, Flipster is not only offering traders a regulated stablecoin but is also providing an opportunity to utilize a fully collateralized digital dollar. This addition complements Flipster’s existing offerings of leading stablecoins, giving users enhanced choices and reinforcing the global adoption of stablecoins.
To incentivize early adoption, WLFI has launched the USD1 Loyalty Program. This initiative is designed to reward users similarly to popular loyalty programs seen in the airline and hospitality industries. Exclusive to holders of the USD1 stablecoin, the program allows traders to earn loyalty points through various activities on selected partner platforms, including trading USD1 pairs and converting other stablecoins into USD1.
Specific ways to earn loyalty points on Flipster include: executing perpetual and spot trades in USD1 (though basic swaps to other stablecoins like USDT do not qualify), converting USDT to USD1, and maintaining balances in USD1, which not only accumulate loyalty points but also generate yield in USDT. This dual benefit allows for optimized capital use, making Flipster an attractive platform for traders who wish to engage with USD1 and leverage its benefits early within its ecosystem.
The partnership between WLFI and Flipster is setting a pioneering standard for stablecoin utility in active trading markets. By combining WLFI’s regulated digital dollar capabilities with Flipster’s innovative zero-spread trading model, the collaboration aims to deliver precision, performance, and enhanced yield opportunities for traders.
Flipster positions itself as a leading exchange tailored for crypto traders seeking an unparalleled perpetual trading experience. With zero spreads on major trading pairs and balances that accrue yield while trading, Flipster has seen remarkable growth, reporting an 856% increase in trading volume year-on-year in 2024. This advancement underscores its emergence as one of the fastest-growing platforms in the cryptocurrency sector.
For more information about Flipster and its offerings, interested parties can visit its official website or its social media channels.
