Bitcoin24h $63,837.53-1.50%

Ethereum24h $1,918.03-1.41%

BNB24h $570.53-0.58%

XRP24h $1.06-2.41%

Solana24h $73.99-2.35%

TRON24h $0.3240-1.07%

Hyperliquid24h $55.30-3.03%

Dogecoin24h $0.0707-1.82%

UNUS SED LEO24h $9.75+0.02%

Zcash24h $468.36-4.13%

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.