Bitcoin24h $71,094.69+0.12%

Ethereum24h $2,172.53-1.28%

BNB24h $600.13-0.39%

XRP24h $1.33-1.47%

Solana24h $81.99-1.15%

TRON24h $0.3187+0.32%

Dogecoin24h $0.0914-1.59%

Hyperliquid24h $39.27+1.54%

UNUS SED LEO24h $10.05-0.68%

Cardano24h $0.2499-1.32%

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.