PANews reported on May 15th that, according to market sources, Binance Futures will launch a BTCUSD1 perpetual contract on May 18th at 09:00 UTC (17:00 Beijing time), with a maximum leverage of 100x. This is reportedly the first perpetual contract trading pair on the Binance Futures platform to use USD1 as the trading unit.

Meanwhile, USD1 has reached the highest collateral level in Binance Futures' Portfolio Margin system, with a collateralization ratio of 99.99%. This means that within Binance Futures' unified account system, USD1 can not only be used as a stablecoin asset, but also further possesses efficient margin and collateral attributes. After this update, USD1 is beginning to form a more complete trading loop on leading trading platforms, serving as both a trading pricing currency and a margin asset and unified account collateral.