USD1 USD1Price $ 1.00

USD1 is a fiat-backed stablecoin launched in April 2025 by World Liberty Financial (WLFI), a Miami-based fintech firm. It is designed to maintain a 1:1 peg with the U.S. dollar, offering seamless conversion between fiat and digital assets without transaction fees for minting or redemption. USD1 operates as an ERC-20 token on Ethereum, making it compatible with DeFi protocols and both centralized and decentralized exchanges.

Key features include:

• Full Regulatory Compliance: USD1 is issued and managed by BitGo Trust Company, a regulated U.S. trust, and incorporates KYC/AML protocols from inception, targeting institutional users and regulated environments.

• Transparent Reserves: Each token is backed by high-quality, liquid assets like U.S. Treasury bills and money market funds, with regular independent audits and real-time on-chain reserve verification via Chainlink’s Proof of Reserves.