USD1 is a dollar-pegged stablecoin by World Liberty Financial, backed by U.S. Treasuries and cash equivalents, launched on Ethereum and BNB Chain. More
| Fully Diluted Valuation | $2.20B |
|---|---|
| 24H Trading Volume | $365.21M |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 2.20 B |
| Total Supply | 2.20 B |
| Max Supply | 0.00 |
| Categories | Stablecoins 3 more |
|---|---|
| Founder | Zach Witkoff |
| Website | worldlibertyfinancial.com |
| Socials | |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Tronscan 4 more |
| Contracts | 0x8d0....08b0d 2 more |
| Name | Pair | OG Score |
|---|
USD1 is a U.S. dollar-pegged stablecoin developed by World Liberty Financial (WLFI), a DeFi protocol founded in 2024 and inspired by President Donald J. Trump. Launched in April 2025, USD1 aims to maintain a 1:1 value with the U.S. dollar, fully backed by short-term U.S. government Treasuries, U.S. dollar deposits, and other cash equivalents.
The stablecoin is issued and managed by BitGo Trust Company, a regulated entity in South Dakota, ensuring compliance with U.S. regulations. USD1 operates on Ethereum and Binance Smart Chain (BSC), with plans to expand to other blockchains. Its reserve portfolio is audited regularly by a third-party accounting firm to ensure transparency and stability.
The project emphasizes seamless fiat-to-crypto conversion with zero-fee minting and redemption, reducing friction for users entering or exiting digital asset markets. USD1 employs dynamic liquidity management, adjusting reserves based on redemption patterns using liquid cash holdings and Treasuries managed by Fidelity Investments. Its smart contract infrastructure, audited by Peckshield, incorporates multi-signature approvals for enhanced security.
USD1 targets both retail and institutional use cases, including retail payments via WLFI-issued debit cards and institutional trading pairs on exchanges. WLFI positions USD1 as a stable, credible alternative to algorithmic stablecoins, aiming to strengthen the U.S. dollar’s dominance in DeFi. The project has raised $550 million through $WLFI token sales and attracted high-profile backers, though it faces scrutiny over political ties and competitive challenges in the stablecoin market.
USD1 stands out with its zero-fee minting and redemption, eliminating costs for converting between fiat and crypto. It combines DeFi accessibility with institutional-grade custody by BitGo and regulatory compliance, offering stability through conservative backing (U.S. Treasuries and cash equivalents) without complex yield mechanisms. Its hybrid approach integrates decentralized finance with traditional financial oversight, appealing to both retail and institutional users.
The founder of USD1, under World Liberty Financial, is Zach Witkoff, who serves as co-founder of WLFI. While Donald J. Trump and his family (Eric Trump, Donald Trump Jr., and Barron Trump) hold advisory roles and significant financial stakes, Zach Witkoff is the primary named founder.
World Liberty Financial, the issuer of USD1, has raised $550 million through $WLFI token sales, with over 85,000 participants. Notable investors include Justin Sun, founder of TRON, who invested $75 million and serves as an advisor. Other backers include sovereign investors and institutions, though specific names beyond Sun are not disclosed. The Trump family, via DT Marks DEFI LLC, holds a 60% equity stake and 22.5 billion $WLFI tokens.
