USD1 is a U.S. dollar-pegged stablecoin launched in March 2025 by World Liberty Financial (WLFI) in collaboration with Binance. Initially issued on Ethereum and Binance Smart Chain, USD1 is fully backed 1:1 by U.S. short-term Treasury bills, dollar deposits, and other cash equivalents. The reserves are held by institutional custodian BitGo, audited by third-party accounting firms, and verified through Chainlink's Proof-of-Reserves (PoR) mechanism to ensure transparency and security.

Managed centrally by WLFI, USD1 includes features such as account freezing, transaction blacklisting, and adjustable policy controls. The project aims to bridge traditional finance (TradFi) and decentralized finance (DeFi), offering a compliant and politically connected alternative to algorithmic or unregulated stablecoins. WLFI positions USD1 as a secure, institution-ready asset tailored for seamless, cross-border transactions.

The association with the Trump family adds a unique political branding to USD1, driving significant market interest. This attention has helped the token gain traction among both retail and institutional investors. WLFI emphasizes that USD1 delivers the credibility and safeguards of traditional finance while empowering DeFi innovation—making it an appealing choice for sovereign wealth funds and major institutions alike.