USD1 is tackling its toughest lesson: real-world utility At 17:00 Beijing time today, Binance Futures will launch the BTCUSD1 perpetual contract, with settlement directly in USD1. Meanwhile, on Binance’s parameters page, USD1’s collateral ratio in the multi-asset margin system has been raised to 99.99%. Looking at these two signals together, the message is clear: USD1 isn’t just a stablecoin for the market to “hold”; it’s starting to be used in hardcore financial scenarios like trading and collateral. The real turning point for stablecoins has never been the moment they’re issued or a short-term TVL spike. It’s whether they can integrate into the real, everyday financial flows of users. USD1 is taking this lesson: moving from “holding” to “real usage.”