Bitcoin24h $110,818.35+0.60%

Ethereum24h $4,324.97-1.29%

XRP24h $2.83+1.01%

BNB24h $851.08-0.20%

Solana24h $209.19+3.16%

Dogecoin24h $0.2145+0.35%

TRON24h $0.3380-0.38%

Cardano24h $0.8315+1.68%

Chainlink24h $23.33+0.45%

Hyperliquid24h $44.49+0.31%

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.

CHART: Stablecoins are growing fast since the GENIUS Act

Stablecoins have seen their market cap increase from $251B to approximately $268B since Donald Trump signed the GENIUS Act into law.

World Liberty Financial tokenholders have approved a resolution that signals approval for the token to become unlocked and tradable.

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.