Bitcoin24h $91,274.66-1.36%

Ethereum24h $3,167.57-2.70%

XRP24h $2.17-4.44%

BNB24h $902.01-0.79%

Solana24h $136.78-2.31%

TRON24h $0.2978+1.23%

Dogecoin24h $0.1468-0.82%

Cardano24h $0.4027-2.48%

Bitcoin Cash24h $630.95-0.29%

Chainlink24h $13.49-2.13%

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.