Bitcoin24h $79,352.42-0.57%

Ethereum24h $2,495.78+0.22%

BNB24h $741.65-0.96%

XRP24h $1.40-0.56%

Solana24h $104.34-1.13%

TRON24h $0.3345-0.15%

Hyperliquid24h $85.49-2.18%

Zcash24h $1,163.69-4.36%

Dogecoin24h $0.0905+1.13%

Monero24h $523.01-0.21%

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.