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The current real-time price of USD1 is $1.046. In the past 24 hours, USD1 has traded between $1.045 and $1.047, showing strong market activity. The all-time high of USD1 is $1.74, and the all-time low is $0.5080.
From a short-term perspective, the price change of USD1 over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is +0.08%. These figures provide a quick overview of the latest price trends and market dynamics of USD1 on LBank.+1.66%
The live price of USD1 today is $1.046, with a current market cap of $0. The 24-hour trading volume is 82.96. The price of USD1 to USD is updated in real time.
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Before deciding whether to buy or sell USD1, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s USD1 technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for USD1.
How much will USD1 be worth tomorrow, next week, or next month in ? What about your USD1 assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! USD1 Price Prediction
To learn more about USD1, consider exploring other resources such as the whitepaper, official website, and other published information:
USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the US dollar. Each USD1 token is intended to be exchanged for one actual dollar. Its stability is achieved through backing by real-world assets like US dollars, short-term US Treasury bills, and cash equivalents. These reserves are held securely by BitGo, a regulated custody provider, and are subject to regular audits.
USD1's reserves, consisting of cash deposits, short-term US Treasury securities, and cash equivalents, are securely managed by BitGo Trust Company, a regulated trust entity. World Liberty Financial Inc. (WLFI), the issuing body, manages USD1's reserves and strategy. The project also plans for independent third-party audits and quarterly reserve reports, and has introduced Chainlink's Proof of Reserve (PoR) mechanism for real-time verification of reserves.
USD1 distinguishes itself through its focus on institutional users, its strong political ties (being linked to Donald Trump), and a fee-free minting and redemption process. It also emphasizes regulatory compliance and uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) for secure transfers across multiple blockchains.
Potential risks include regulatory changes, counterparty risk related to BitGo Trust Company and World Liberty Financial Inc.'s (WLFI's) operations, limited liquidity compared to established stablecoins, and political controversy due to its ties to Donald Trump, which could raise concerns about regulatory neutrality and long-term adoption.
At its early stage, USD1 was available on small decentralized exchange pools and a major crypto exchange, with plans for broader exchange listings.
USD1 does not have a specified maximum supply, as its supply mechanism is designed to be responsive to market demand, with tokens minted or redeemed based on user deposits and withdrawals to maintain its 1:1 peg.
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