Bitcoin24h $111,950.38+0.70%

Ethereum24h $4,463.99+3.38%

XRP24h $2.84-0.01%

BNB24h $854.65+0.38%

Solana24h $209.30+0.83%

Dogecoin24h $0.2212+3.10%

TRON24h $0.3414+1.06%

Cardano24h $0.8396+1.13%

Chainlink24h $23.76+1.24%

Hyperliquid24h $45.97+2.87%

CHART: Which blockchains is USD1 issued on?

USD1 is issued on several blockchains, but Binance Smart Chain dominates, thanks in large part to the MGX-Binance deal.

Trump-linked stablecoin USD1 hits 99% APR on Binance Chain

By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.

The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.

Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency.

World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.