💵 What is USD1?
USD1 is a fiat-backed stablecoin launched in March 2025 by World Liberty Financial (WLFI), which is publicly associated with the family of Donald Trump.
- 📌 Pegged to the US dollar (1 USD1 ≈ $1.00)
- 🏦 Reserves: short-term US Treasury bonds, dollar deposits, money market funds
- 🔐 Custodian: BitGo Trust Company — a regulated trust company from the USA
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🌐 Where does USD1 work?
- ✅ Ethereum (ERC-20)
- ✅ BNB Smart Chain (BEP-20)
- 🔜 TRON, Plume, and other blockchains
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📈 Statistics (as of August 2025)
| Indicator | Value |
|-----------------------|---------------------|
| 💰 Price | ~$1.00 |
| 🪙 Market capitalization | ~$2.18 billion |
| 🔄 Trading volume (24h) | ~$398 million |
| 📦 Circulation | ~2.18 billion USD1 |
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🎯 Unique features
🪙 USD1 Points Program
WLFI launched a loyalty program that rewards users for:
- 📊 Trading USD1 on exchanges (HTX, Gate, Bitget)
- 💼 Holding USD1
- 📈 Staking for profit
- 📱 Interaction with the WLFI mobile app
- 🧩 Using USD1 in DeFi protocols
> This is the first stablecoin that rewards users, like loyalty programs in airlines or hotels.
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🧠 Why is this important?
- 🔄 Minimal fees for conversion between fiat and crypto
- 🛡️ Regulatory transparency through BitGo
- 🧲 Institutional support - USD1 was used in a $2 billion Binance deal with MGX
- 📢 Political influence - connection with the Trump family increases recognition
Personally, I believe this project will be stable $USD1