World Liberty Financial USD (USD1) is a fiat-backed US dollar stablecoin issued by World Liberty Financial. It has about $4.33B in circulation, ranking #6 among the stablecoins CoinScoop tracks, and runs on 7 blockchains.
USD1 price
$0.9990
On peg Circulating supply
$4.33B
30-day change
+1.5%
Price
$0.9990
Blockchains
7
Tracked since
Apr 2025
What is USD1?
World Liberty Financial USD (USD1) is a fiat-backed US dollar stablecoin issued by World Liberty Financial. It has about $4.33B in circulation, ranking #6 among the stablecoins CoinScoop tracks, and runs on 7 blockchains.
Launched in 2025 by World Liberty Financial, the crypto venture associated with the Trump family.
In the issuer's words: USD1 is a stablecoin backed by U.S. Treasuries and cash equivalents.
USD1 supply history
$5.55B$2.54B
Oct 8, 2025Oct 8, 2026
$5.55B$0
Apr 28, 2025Oct 8, 2026
USD1 supply grew 1.5% over the past 30 days, to $4.33B. Its peak was $5.39B in February 2026, and supply is 20% below that high.
Is USD1 holding its peg?
Last price
$0.9990
Target
1.0000 USD
Status
On pegUSD1 is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where USD1 lives: supply by blockchain
USD1 is spread across several networks. The largest, Ethereum, holds 36% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.
How USD1 is backed
USD1 is backed by short-term US Treasuries, US dollar deposits and cash equivalents, custodied by BitGo.
Minting and redemption: Minting USD1 involves authorized institutions depositing dollars or equivalent assets held in custody, while redemption requires burning USD1 to receive an equivalent amount of underlying reserves through the issuer's managed process.
USD1 risks
Issuer and custody
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Freezes and blacklists
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
Bridged versions
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
USD1 vs USDT and USDC
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USD1 FAQ
What is USD1?
World Liberty Financial USD (USD1) is a fiat-backed US dollar stablecoin issued by World Liberty Financial. It has about $4.33B in circulation, ranking #6 among the stablecoins CoinScoop tracks, and runs on 7 blockchains.
Is USD1 pegged 1:1 to the US dollar?
USD1 targets 1 USD. At the last update it traded at $0.9990, a deviation of -0.10%, which we classify as "on peg".
What backs USD1?
USD1 is a fiat-backed stablecoin. Short-term US Treasuries, US dollar deposits and cash equivalents, custodied by BitGo.
Which blockchains is USD1 on?
USD1 is live on 7 blockchains. The largest by supply are Ethereum ($1.57B), Solana ($1.42B), BSC ($1.30B).
How much USD1 is in circulation?
About $4.33B of USD1 was in circulation at the last update, +1.5% over 30 days. That makes it the #6 stablecoin by supply among those we track.
Does USD1 pay interest?
No. USD1 does not pay yield to holders directly. Any interest earned on its reserves goes to the issuer. Some platforms offer rewards for holding it, but those are paid by the platform, not by USD1.
Is USD1 safe?
No stablecoin is risk-free. As a fiat-backed design, USD1's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.