Profile
USD1 profile facts
World Liberty Financial USD (USD1) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Short-term U.S. government Treasury bills, U.S. dollar deposits, and other cash equivalents held for USD1 holders by BitGo Bank & Trust, N.A.
- Peg mechanism
- Direct 1:1 mint and redemption through BitGo Bank & Trust, N.A.; direct redemption is restricted to registered clients in Good Standing, while holders without a BitGo account rely on secondary markets
- Jurisdiction
- United States / Office of the Comptroller of the Currency (OCC) / National Trust Bank Charter (BitGo Bank & Trust, N.A.)
- Proof of reserves
- Real-Time PoR by KPMG LLP / Chainlink Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
USD1 quick answers
5
What is World Liberty Financial USD (USD1)?
USD1 is World Liberty Financial's Trump-affiliated dollar stablecoin, issued 1:1 via BitGo Trust against short-term Treasuries, MMFs, and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint and redemption through BitGo Bank & Trust, N.A.; direct redemption is restricted to registered clients in Good Standing, while holders without a BitGo account rely on secondary markets.
Is USD1 safe?
As of Oct 25, 2026, Pharos grades USD1 C (59/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs USD1?
Pharos records USD1's reserves as of Aug 31, 2026 as 100% U.S. Treasury Bills, Money Market Funds & Cash. Reserve evidence: Real-Time PoR by KPMG LLP / Chainlink, latest period ending Aug 31, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can USD1 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USD1, when applicable, appear in the live dossier on this page.
How do you redeem USD1?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem USD1 for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
