About USD1
USD1 is a U.S. dollar-pegged stablecoin issued by World Liberty Financial for value transfer, settlement, and use across on-chain and traditional financial systems. World Liberty Financial was created by the Trump family and co-founded by Zach Witkoff in late 2024. The token launched in March 2025. Each USD1 is redeemable one-to-one for U.S. dollars and backed by short-term U.S. Treasurys, U.S. dollar deposits, and other cash equivalents. The token carries the ticker USD1 and is used for payments, settlement, and decentralized finance applications rather than for staking or governance. One reported use is as the settlement asset for large transactions, including a $2 billion investment by Abu Dhabi-based MGX into Binance. The supply is uncapped in principle but fully collateralized, with circulation reported above $4 billion as of mid-2026.
Trump says he knows ‘nothing about’ UAE-linked investment in World Liberty Financial
The situation raises concerns about potential conflicts of interest and constitutional violations, impacting governance and investor trust.
Rep. Maxine Waters calls for stricter crypto regulations targeting Trump projects
Stricter crypto regulations could heighten market uncertainty, impacting investor confidence and potentially altering future cryptocurrency valuations.
World Liberty Financial introduces WLFI token repurchase program
The WLFI token repurchase program could enhance governance participation, increase token scarcity, and potentially boost long-term value.
Belong’s Long Events lets AI agents buy event data with USDC
AI-driven event data access via USDC micropayments could revolutionize autonomous agent capabilities, enhancing efficiency and scalability.
Binance says $6.34 billion hack recovery came entirely from its own balance sheet
Binance's self-funded hack recovery reinforces its commitment to user protection, setting a precedent for industry accountability and resilience.
Binance completes proof of reserves checks across 10 major tokens following $6.3B hack
Binance's zero-knowledge proof enhances transparency and trust, yet highlights ongoing challenges in securing and verifying crypto reserves.
A sourced map of USD1's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on USD1 and the wider market, hosted by our team, will appear here once episodes are live.