USD1 is a digital currency pegged to the US dollar at a 1:1 ratio. It is designed to provide the advantages of blockchain—such as fast transactions and transparency—without the sharp price fluctuations seen in traditional cryptocurrencies. Unlike Bitcoin or Ethereum, the value of USD1 remains virtually unchanged, making it convenient for payments, trading, and storing value on the blockchain.

The main feature of USD1 is its simplicity: one token is always equal to one dollar. It is built on one of the leading blockchain platforms (most likely Ethereum or EVM-compatible) and is positioned as a new generation of stablecoins—a fully transparent and verifiable alternative to USDT or USDC.