USD1

USD1 is a dollar stablecoin launched by World Liberty Financial in 2025. According to the project, each token is backed by reserves consisting of short-term US government securities, cash and cash equivalents; custody of the reserves is handled by BitGo, a regulated custodian. DefiLlama data also classify USD1 among fiat-backed stablecoins.

USD1 exists as a token on many networks, chiefly Ethereum, BNB Chain, Solana and TRON. The stablecoin is positioned for use in institutional payments, exchange trading and decentralized finance applications. WLFI, the governance token of World Liberty Financial, is a separate asset and has no dollar peg target. The token is also offered to institutional users through direct issuance and redemption processes.

The dollar peg is a design goal; the quality of the reserves, transparency reports and redemption terms are decisive in maintaining this goal. On Lzzo.com, the USD1 value is a reference obtained by converting the Binance USD1/USDT pair into dollars using the Coinbase USDT/USD observation.