USD1
USD1 Stablecoin
active
Fiat Backed
Market Cap $4.5B
USD1 is a U.S. dollar-pegged stablecoin by World Liberty Financial, fully backed by U.S. Treasuries and cash.
Key Data
| Backing | Short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. |
| Auditor | Crowe LLP |
| Reserve Reporting | Monthly |
| Redemption | USD1 is redeemable on a 1:1 basis for U.S. dollars, typically within two business days. |
| Peg Currency | USD |
| Launched | 2025 |
Supported Networks
EthereumBNB Chain
Overview
USD1 is a stablecoin issued by World Liberty Financial, designed to maintain a 1:1 value with the U.S. dollar.
How It Works
USD1 is redeemable on a 1:1 basis for U.S. dollars and is actively traded across multiple blockchain networks.
Reserve Backing
Each USD1 token is fully backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents held by BitGo Trust Company.
Supported Networks
Initially launched on Ethereum and BNB Chain, USD1 has expanded to support multiple blockchain networks through Chainlink’s Cross-Chain Interoperability Protocol.