Bitcoin24h $101,009.43-1.66%

Ethereum24h $3,298.37-2.17%

XRP24h $2.21-4.26%

BNB24h $957.62+0.67%

Solana24h $155.38-1.81%

TRON24h $0.2863-0.18%

Dogecoin24h $0.1654+1.79%

Cardano24h $0.5414+1.26%

Hyperliquid24h $39.80+0.43%

Zcash24h $639.50+24.84%

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.