A dollar stablecoin launched by World Liberty Financial, the Trump-linked DeFi platform.
Live market data
CoinGecko data; may be delayed.
No declared max supply: no FDV is computable, supply follows demand.
100.0% of the achievable supply is already circulating.
$1.05 -4.61% · Jul 9, 2026
Source: CoinGecko, snapshot of Sep 13, 2026. Figures may be delayed.
Source: DefiLlama, data as of · Revenue is not reported by every protocol.. Figures are informational, not financial advice.
USD1 is a dollar stablecoin issued by World Liberty Financial (WLFI), a DeFi platform whose ownership and promotion are tied to the Trump family. The project's site presents USD1 as stable, transparent, and collateralized, with WLFI token holders governing the platform. Whatever one's read on the politics, the analytical picture is concrete: this is a young centralized stablecoin whose demand is driven substantially by political association, and whose long-term reserve and redemption quality still has a short public track record.
USD1 is the most prominent stablecoin whose distribution advantage is political rather than technical.
Its young track record makes verification of reserves an ongoing responsibility, not a one-time check.
The WLFI governance layer concentrates real control with the founding family regardless of token votes.
WLFI's site describes USD1 as collateralized by short-dated US treasuries, dollar deposits, and cash equivalents, with BitGo named as custody partner. Users acquire USD1 through partner platforms and the project's own markets; the platform's markets module lets users supply or borrow against it. Because issuance data is newer and thinner than for USDT or USDC, the practical analytical work is verifying reserve attestations directly rather than assuming parity with older issuers' reporting depth.
Dollar settlement instrument on BNB Chain and Ethereum
Collateral and quote asset inside WLFI's lending markets
Distribution vehicle for USD exposure on politically aligned venues
USD1 does not accrue yield to holders; reserve income goes to the issuing entity, as with any centralized stablecoin. The value question for the token economy is actually about WLFI, the governance token, whose demand rides on the platform's fee flows and on the attention economy around its sponsors. USD1 itself should be evaluated as a payment and settlement instrument, not an investment.
USD1 grew quickly to multibillion circulating supply, according to market aggregators, driven by partnerships and by its listing on major venues. Supply reports are less established than those of older issuers; verifying current reserve attestations and redemption performance is a recurring task, not a settled fact.
WLFI describes itself as community governed: holders of the WLFI governance token propose and vote on platform direction. In practice, founder-family ownership and promotion dominate the platform's trajectory, and the token vote has been used for decisions like enabling WLFI transferability.
Short public operating history for reserves and redemptions compared with older issuers
Demand tied to political fortunes exposes the peg to non-financial shocks
Centralized issuer with full freeze and mint authority
Conflicts of interest between the platform's sponsors and its token holders are structural
No. USD1 is issued by World Liberty Financial, a private company with Trump-family ownership and branding. The name refers to the US dollar peg, not to any government issuer. Reserve custody is reported through BitGo, a private custodian.
Mechanically it is the same design: centralized issuer, collateralized reserves, 1:1 redemption. The differences are scale and context: USD1 is much younger, has thinner public reporting history, and its adoption is driven by a political brand rather than by trading or payments networks built over a decade.
Last verified:
World Liberty Financial · worldlibertyfinancial.com · primary source
USD1 collateralization claims, BitGo custody, WLFI governance model, and platform products.
Accessed
Pending linkage to a concrete organization on the map.
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Adjacent asset in the same research context.
Directory suggestion, pending verification.
