Overview
USD1 is the stablecoin issued by World Liberty Financial (WLFI), a DeFi protocol backed by the Trump family, launched in early 2025. It is backed 1:1 by short-term US Treasury bills, dollar deposits, and equivalents held by BitGo. USD1 gained attention when Abu Dhabi sovereign wealth fund MGX used it for a $2 billion investment into Binance, making it the first stablecoin used in a major sovereign fund deal.
Who Created USD1?
USD1 was created by World Liberty Financial and launched in 2025. It is a Fiat-Backed stablecoin designed to maintain a stable value pegged to the US dollar.
Key Features
- +First stablecoin backed by a sitting US president's financial project — strong political visibility
- +BitGo Trust custody provides institutional-grade segregated reserve management
- +Used in the $2B MGX/Binance sovereign fund transaction — demonstrated institutional scale use case
- +Designed for US stablecoin regulatory compliance ahead of federal legislation
- +US Treasury-only backing eliminates credit risk from commercial paper or corporate bonds
- +Dual-chain (Ethereum + BNB Chain) launch targets both DeFi and CeFi user bases
Where to Use USD1
USD1 is available on Ethereum, BNB Chain. You can use it on centralized exchanges for trading, in DeFi protocols for lending and borrowing, or as a stable store of value to park funds between trades.
Official website: https://wlfi.com