USD1
USD1 Stablecoin
active
Fiat Backed
USD
Market Cap $4.1B
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. |
| Redemption | Redeemable 1:1 for U.S. dollars. |
| Peg Currency | USD |
| Launched | 2025 |
Supported Networks
Cross-Chain Supply (DefiLlama · $4.1B total)
Abcore
$4M
0.1%
Use Cases
PaymentsTrading
Overview
USD1 is a stablecoin issued by World Liberty Financial, launched in March 2025. It is designed to maintain a 1:1 peg with the U.S. dollar.
How It Works
USD1 operates on multiple blockchain networks, initially launched on Ethereum and Binance Smart Chain, with further expansion through Chainlink's Cross-Chain Interoperability Protocol.
Reserve Backing
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.
Supported Networks
USD1 is available on Ethereum and BNB Chain, with plans for further network integrations.
Related Coverage
Other USD Stablecoins
Data source: CoinGecko ↗