Bitcoin24h $75,077.35-1.37%

Ethereum24h $2,237.70-2.24%

XRP24h $1.36-1.77%

BNB24h $613.85-1.52%

Solana24h $82.08-1.86%

TRON24h $0.3231-0.09%

Dogecoin24h $0.1018+2.52%

Hyperliquid24h $39.37-0.82%

UNUS SED LEO24h $10.33-0.34%

Bitcoin Cash24h $445.58-0.46%

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.