Stablecoin · #29 by market cap (snapshot)
USD1
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🧩 What it is
USD1 is a US-dollar stablecoin under the World Liberty Financial brand, a crypto company whose founders include members of the Trump family. BitGo issues, holds the reserves for and redeems USD1, and World Liberty Financial owns the brand. It is designed to be redeemable 1:1 for dollars and is backed by cash, US government money-market funds and other cash equivalents.
⚡ Why it's interesting
It grew fast after high-profile deals and exchange listings, and is part of the stablecoin boom.
⚠️ Key risks
It's young and politically connected, which brings reputational and regulatory risk. As with any stablecoin, you rely on the issuer's reserves, custodians and redemption process.
👀 What to watch
BitGo's monthly reserve attestations, regulatory treatment and political news. Its reputation is tied to its backers.
Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions.
Last 30 days
❓ USD1 FAQ
What is USD1 (USD1)?
USD1 is a US-dollar stablecoin under the World Liberty Financial brand, a crypto company whose founders include members of the Trump family. BitGo issues, holds the reserves for and redeems USD1, and World Liberty Financial owns the brand. It is designed to be redeemable 1:1 for dollars and is backed by cash, US government money-market funds and other cash equivalents.
Why do people follow USD1?
It grew fast after high-profile deals and exchange listings, and is part of the stablecoin boom.
What are the main risks of USD1?
It's young and politically connected, which brings reputational and regulatory risk. As with any stablecoin, you rely on the issuer's reserves, custodians and redemption process.
What should I watch with USD1?
BitGo's monthly reserve attestations, regulatory treatment and political news. Its reputation is tied to its backers.
Is USD1 a good investment?
Hodlia doesn't give investment advice. Whether USD1 fits you depends on your goals, time horizon and how much loss you can handle. Crypto prices can fall sharply and fast. Read the risks above, compare with a diversified alternative and consider independent advice.
Sources: World Liberty Financial docs: What is USD1? · BitGo: USD1 attestations · Wikipedia: World Liberty Financial (checked 1 Nov 2026)