$USD1 USD1 is a digital asset backed by the local currency, ensuring its value remains stable at a 1:1 parity with the US dollar. USD1 was launched in April 2025 by World Liberty Financial (WLFI), a fintech company based in Miami, Florida, aimed at simplifying digital transactions by achieving seamless convertibility between local currencies and digital assets. The stablecoin is legally issued and managed by BitGo Trust Company, a regulated trust company based in South Dakota, ensuring full compliance with US regulatory standards.

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