The brief

Analyst view

• USD1 reached ~$4.5B supply by September 2026, the fourth-largest dollar stablecoin.
• Closed $550 million WLFI token sale in March 2025.
• USD1 is live on six major blockchains: Ethereum, BNB Chain, Tron, Solana, Base, Arbitrum.

Technical approach

As reported

Reserves

Treasury-backed reserves

USD1 is fully collateralized by short-term U.S. government treasuries, cash deposits, and other liquid assets held in custody by BitGo Trust.

DeFi Platform

Lending and borrowing services

World Liberty Financial operates a decentralized finance platform where users can lend and borrow cryptocurrency using USD1 as the base asset.

Multi-chain

Cross-chain availability

USD1 is deployed across multiple blockchains to increase accessibility and utility across the DeFi ecosystem.