According to an HTX announcement on August 7, Huobi HTX announced a partnership with World Liberty Financial, becoming the launch partner of the USD1 Points Program. The program encourages users to earn points by trading, holding, or staking USD1. USD1 is a stablecoin issued by WLFI, a company founded by the Trump family, and is fully backed by U.S. Treasury bonds and cash equivalents. HTX Global Advisor Justin Sun stated that he will continue to promote the adoption of stablecoins.