USD1 is a U.S. dollar-backed stablecoin by World Liberty Financial, fully backed by U.S. government securities and cash equivalents.
Key Data
| Backing | Fully backed by short-term U.S. government securities, U.S. dollar deposits, and other cash equivalents. |
| Reserve Reporting | Monthly reserve attestations (BitGo custody/infrastructure) |
| Redemption | Redeemable 1:1 for U.S. dollars. |
| Peg Currency | USD |
| Launched | 2025 |
Supported Networks
Cross-Chain Supply ($4.2B total)
Use Cases
USD1 is a stablecoin issued by World Liberty Financial, announced on March 25, 2025 and launched (went live) around April 2025. It is designed to maintain a 1:1 peg with the U.S. dollar.
USD1 operates on multiple blockchain networks, initially launched on Ethereum and Binance Smart Chain, with further expansion through Chainlink's Cross-Chain Interoperability Protocol.
The stablecoin is fully backed by short-term U.S. government securities, U.S. dollar deposits, and other cash equivalents, custodied by BitGo Trust Company.
Recent Activity
- 2026-06-16AdoptionTrump crypto company's USD1 stablecoins backing UFC event bonuses
- —Our coverageStablecoin Recap May 25–Jun 1, 2026: USDT and USDC dominance shifts slightly with $2.82 billion market cap decline.
- —Our coverageStablecoin Recap Jun 8–15, 2026: USDC experienced a $0.754 billion outflow.
- —Our coverageStablecoin Recap Jun 15–22, 2026: USD1 gained $0.372 billion during a week when the Bank of England eased stablecoin rules.
- —Our coverageStablecoin Recap Aug 3–10, 2026: USDC gained $0.307 billion in a week of stablecoin market growth.
- —Our coverageStablecoin Recap Aug 10–17, 2026: USX experienced an outflow of $0.506 billion.
Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.