Bitcoin24h $90,108.43+2.58%

Ethereum24h $3,029.25+4.18%

BNB24h $904.80+2.68%

XRP24h $1.93+2.99%

Solana24h $127.15+3.34%

TRON24h $0.2921-0.45%

Dogecoin24h $0.1259+3.67%

Cardano24h $0.3615+3.91%

Bitcoin Cash24h $597.10+1.72%

Hyperliquid24h $34.29+25.59%

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.